Abstract
Understanding an industry and its internal dynamics, primarily through modeling, is essential prior to evaluating long-term consequences of industrywide policy options. This paper attempts to provide an understanding of the fabricated metal manufacturing industry in Australia and its internal operational mechanisms through system dynamics modeling. The model helps to explore various policy options relating to production decisions, capacity acquisition, demand fluctuation, and investment decisions. The major subsectors considered in the model are production, customer orders, sales, and capacity acquisition.
| Original language | English |
|---|---|
| Pages (from-to) | 41-48 |
| Number of pages | 8 |
| Journal | Journal of Management in Engineering |
| Volume | 14 |
| Issue number | 1 |
| DOIs | |
| Publication status | Published - 1 Jan 1998 |
Cite this
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Modeling helps in understanding policy alternatives : a case. / Mandal, Purnendu; Sohal, Amrik S.
In: Journal of Management in Engineering, Vol. 14, No. 1, 01.01.1998, p. 41-48.Research output: Contribution to journal › Review Article › Research › peer-review
TY - JOUR
T1 - Modeling helps in understanding policy alternatives
T2 - a case
AU - Mandal, Purnendu
AU - Sohal, Amrik S.
PY - 1998/1/1
Y1 - 1998/1/1
N2 - Understanding an industry and its internal dynamics, primarily through modeling, is essential prior to evaluating long-term consequences of industrywide policy options. This paper attempts to provide an understanding of the fabricated metal manufacturing industry in Australia and its internal operational mechanisms through system dynamics modeling. The model helps to explore various policy options relating to production decisions, capacity acquisition, demand fluctuation, and investment decisions. The major subsectors considered in the model are production, customer orders, sales, and capacity acquisition.
AB - Understanding an industry and its internal dynamics, primarily through modeling, is essential prior to evaluating long-term consequences of industrywide policy options. This paper attempts to provide an understanding of the fabricated metal manufacturing industry in Australia and its internal operational mechanisms through system dynamics modeling. The model helps to explore various policy options relating to production decisions, capacity acquisition, demand fluctuation, and investment decisions. The major subsectors considered in the model are production, customer orders, sales, and capacity acquisition.
UR - http://www.scopus.com/inward/record.url?scp=0031702174&partnerID=8YFLogxK
U2 - 10.1061/(ASCE)0742-597X(1998)14:1(41)
DO - 10.1061/(ASCE)0742-597X(1998)14:1(41)
M3 - Review Article
VL - 14
SP - 41
EP - 48
JO - Journal of Management in Engineering - ASCE
JF - Journal of Management in Engineering - ASCE
SN - 0742-597X
IS - 1
ER -