IEN-525, Systems Modeling V

2001 Catalog Data: IEN-525, Systems Modeling V:  Business Dynamics

Credits: (4-0-4)

Course Description: In this course, the student will study the dynamics of complex systems, particularly as they relate to contemporary Industrial Engineering and Manufacturing problems.  Included in the topics covered will be systems thinking and the systems dynamics worldview, reliability of forecasts, and supply chains and transportation policies, all as they relate to contemporary manufacturing and lean manufacturing.

Prerequisites: Senior I Standing

Corequisites: None

Textbook: Sterman, John  Business Dynamics: Systems Thinking and Modeling for a Complex World, Irwin McGraw Hill, 2000

Course Learning Objectives:

Upon completion of the course, the students should have the ability to:

• Develop models using the systems dynamics worldview (IE PEOs 1,3,4)
• Develop models of corporate growth and stagnation (IE PEOs 1,3,4)
• Apply systems dynamics thinks to JIT, lean manufacturing, strategic planning, and supply chain design (IE PEOs 1,3,4)

Prerequisites by Topic:

• Basic probability concepts
• Basic manufacturing concepts
• Knowledge of one simulation tool, preferably ARENA
• Proficiency in using LINDO, LINGO, and EXCEL

Topics Covered:

• Dynamics of multi-loop systems
• Feedback
• Systems dynamics in action
• Structure and behavior of dynamic systems
• Causal loop diagrams
• Process improvement
• Policy analysis
• Modeling decision making
• Supply chains
• Manufacturing supply chains

Class Schedule: 240 minutes per week

Computer Usage: Simulation packages such as ARENA, ithink, Powersim, and Vensim

Laboratory Projects:  Term projects or mini projects may be assigned

Relationship to Professional Component: Engineering Science.  Four credit hours

Prepared by: Kenneth Morrison                                                           Date: February 26, 2001