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What is Decision Functions

Handbook of Research on Power and Energy System Optimization
States of the policy that determine how to convert available information in stock into a decision.
Published in Chapter:
A Suggestion for Energy Policy Planning System Dynamics
Arzu Eren Şenaras (Uludag Unıversıty, Turkey)
Copyright: © 2018 |Pages: 24
DOI: 10.4018/978-1-5225-3935-3.ch019
Abstract
The system dynamics approach was developed by Jay Forrester from MIT during 1950s to analyze the complex behavior in administration with computer simulation in social sciences. System dynamics is a form of systems approach as a methodology to understand the dynamic behavior of complex systems. The basis of system dynamics is to understand how system structures cause system behavior and system events. System thinking and system dynamics provide computer technology and conceptual and numerical modeling techniques that could help explain the dynamics and forces underlying the complexity and change in business, politics, socio-economic, and environmental systems. System dynamics, policy analysis, and design are used for learning and decision making.
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More Results
System Dynamics Modeling for Public Health Bed Capacity Planning
States of the policy that determines how to convert available information in stock into a decision.
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System Dynamics Modelling for Analyzing CO2 Emissions: A Case Study in Turkey
States of the policy that determines how to convert available information in stock into a decision.
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Supply Chain Management via System Dynamics in Flexible Manufacturing System
States of the policy that determines how to convert available information in stock into a decision.
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Policy Designing via System Dynamics
States of the policy that determines how to convert available information in stock into a decision.
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