Demand Chain Management Model Validation and Testing: A System Dynamics Approach

Research Area: Volume 5,Issue 6, Nov. 2016 Year: 2016
Type of Publication: Article Keywords: System Dynamics, Demand Chain Management, Closed Loop Feedback Relationships
  • Narendra Varkhedkar
Journal: IJEIR Volume: 5
Number: 6 Pages: 403-412
Month: November
ISSN: 2277-5668
The Demand Chain Management (DCM) system consists of many closed loop feedback relations and thus reinforces the need for a dynamic modeling. A System Dynamics (SD) model for DCM is developed with the help of expert opinion, in consistence with the standard procedure of system dynamics modeling. This work presents the validation and testing of the DCM model according to System Dynamics methodology.

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