Computer-Based Management of Complex Systems

Computer-Based Management of Complex Systems

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Especially during the last decade, the systems approach gained wide spread attention and increased influence in the world of academics and business. The holistic view of how individual elements interact with ea~h other to form an entity -not a collection of isolated parts -becomes more and more important. Whether it is called qintegrationq as in Computer Integrated Manufacturing, qorganismq in ecological studies, or qnetworkq like the communication network, it is the system's idea which opens neVI' dimensions for insights, applications and development. System Dynamics -or Industrial Dynamics as it was called during its early years by its founder and mentor, M.I.T.'s now Professor Emeritus Jay W. Forrester, -pioneered the use of system concepts and computer simulation for the analysis of complex problems in business and management. It was applied to study the dynamics of corporations, cities, national economies and, finally, the global problems of man and in his limited and fragile environment. The field has reached a stage of self sustained development and momentum. A few years ago the System Dynamics Society was founded, a high quality academic journal is now published in its fifth volume, and the annual International Conferences of the Society were institutionalized and took place in America, Europe and Asia. The organization of international meetAm ings for this scientific community, however, is older than the System Dynamics Society itself. The first conventions were held as special sections of conferences devoted to simulation or cybernetics.This business sub-system can be identified by the following facts: - Railway maintenance constitutes around 12% of total costs to the firm and is therefore very important for the economic stability and future security of the firm. - This businessanbsp;...

Title:Computer-Based Management of Complex Systems
Author: Peter M. Milling, Erich O.K. Zahn
Publisher:Springer Science & Business Media - 2012-12-06

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