Abstract:
Strategic planning using simulation is an increasing field of practice mostly driven by the big consulting firms. While System Dynamics is a widely used simulation method...Show MoreMetadata
Abstract:
Strategic planning using simulation is an increasing field of practice mostly driven by the big consulting firms. While System Dynamics is a widely used simulation method in strategic planning given its advantage on global aggregates and deterministic model, hybrid modelling can achieve similar popularity. This paper presents some suggestions on how to use hybrid modelling in strategic planning.
Published in: 2019 Winter Simulation Conference (WSC)
Date of Conference: 08-11 December 2019
Date Added to IEEE Xplore: 20 February 2020
ISBN Information: