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Inventory Workforce Noise Switch - Manufacturing

649 runs

Added by AnyLogic

Application area: Inventory workforce

Simulation method: System Dynamics

Inventory Workforce Noise Switch

The inventory-workforce model developed in Chapter 19 (Widgets with Labor) augmented to include random variations in productivity.  The random shocks in productivity can be switched between two different sequences drawn from the same distribution to illustrate the difficulty of predicting the exact future values of a stochastic dynamic system even when it is perfectly specified.  See section 21.4.7.
This AnyLogic model is based on materials from the book "Business Dynamics: Systems Thinking and Modeling for a Complex World" by John Sterman, (c) 2000 McGraw Hill.

The model was created with AnyLogic - simulation software / Inventory workforce

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