Current research often captures a static representation of phenomena at work. However, individuals and the environments in which they act are dynamic systems, where the processes should be modeled in order to better understand the system dynamics of how variables interact with one another. The...

The aim of our paper is to present the new results of research work on optimization and simulation for some logistic problems in the company. The System Dynamics (SD) method and the Vensim simulation language are applied in order to solve specific managerial problems described by Forrester in...

There are major differences in regulation among various countries. A particular case is the difference between the EU and US in regulating biotechnology. We develop a formal and dynamic model of government decision-making on regulation. We show that minor differences in consumer preferences can...

This paper aims to support small medium enterprises (SMEs) in business planning through the use of system dynamics models. In particular, it has been hypothesized that through the use of a step-by-step system dynamics model building process SMEs entrepreneurs can better understand the net of...

We build a system dynamics model to evaluate the potential dynamics of consumer adoption of “Smart Energy Behaviour”. Within this term we include different levels of: i) shift in electricity consumption towards less costly-less polluting and congestioning hours; ii) the reduction of mainly...

Over a century of rapid urbanization and industrialization in New Jersey brought visible impacts on the watershed. Consequently, it puts ever-increasing stress on the resource and environmental capacities of the region. This research focuses on an urban industrial coastal area in New Jersey...

The claim of performance management systems is to enhance managers' knowledge about the events, circumstances and processes, which constitute organisational performance. Performance management systems serve as instruments to reconstruct the complexity of the value creation process. Thereby,...

The current data from the Central Bureau of Statistics of Indonesia (BPS) regarding the number of small, medium enterprises (SMEs) and large enterprises (LEs) in Indonesia from year 1999 until 2008 indeed demonstrated a dynamic behavior. Thus, the paper has objectives to discuss and propose...

This paper is aimed to explore theoretically the complexities and the reality in the policy making process from the point of view causality relationships among the components or actors within the system.The complexities' exploration in the paper is based on the model of the policy cycle that is...