Demand scenario analysis and planned capacity expansion: A system dynamics framework

Suryani, Erma and Shuo-Yan, Chou and Hartono, Rudi and Chih-Hsien, Chen (2010) Demand scenario analysis and planned capacity expansion: A system dynamics framework. Simulation Modelling Practice and Theory, 18. pp. 732-751.

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Abstract

This paper establishes an approach to develop models for forecasting demand and evaluating policy scenarios related to planned capacity expansion for meeting optimistic and pessimistic future demand projections. A system dynamics framework is used to model and to generate scenarios because of their capability of representing physical and information flows, which will enable us to understand the nonlinear dynamics behavior in uncertain conditions. These models can provide important inputs such as construction growth, GDP growth, and investment growth to specific business decisions such as planned capacity expansion policies that will improve the system performance.

Item Type: Article
Additional Information: Collection ID : 99105120000096 Call Number : 005.756 5 Sur d
Uncontrolled Keywords: Demand forecasting; System dynamics; Simulation; Capacity expansion
Subjects: H Social Sciences > HB Economic Theory > Economic forecasting--Mathematical models.
Q Science > QA Mathematics > QA76.9 Computer algorithms. Virtual Reality. Computer simulation.
Divisions: Faculty of Information Technology > Information System
Depositing User: - Davi Wah
Date Deposited: 15 Oct 2019 03:19
Last Modified: 15 Oct 2019 03:19
URI: http://repository.its.ac.id/id/eprint/71168

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