Simulation approach by system dynamics methodology in industry

System dynamics is a highly abstract method of modeling. It ignores the fine details of a system such as the individual properties of people products or events and produces a general representation of a complex system. These abstract simulation models may be used for long-term strategic modeling and simulation.The system dynamics methodologies can be applied to nearly all areas of research and planning and the simulations provided make the complicated issues more easily understandable. In this book an attempt has been made to simulate and model emerging technologies in key industries of the country including healthcare and the manufacturing supply chains.