Tests for Confidence Building

Bilash Kanti Bala, Fatimah Mohamed Arshad and Kusairi Mohd Noh
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Bilash Kanti Bala: University Putra Malaysia
Fatimah Mohamed Arshad: University Putra Malaysia
Kusairi Mohd Noh: University Putra Malaysia

Chapter 6 in System Dynamics, 2017, pp 133-148 from Springer

Abstract: Abstract The models developed based on the concepts, methodology and techniques of system dynamics discussed in the earlier chapters must be tested to build up confidence in the models. This chapter presents the tests for confidence building in the system dynamics models. These tests are discussed under the broad heading of tests for structure, tests for behaviour and tests for policy implications. The logical sequences of conducting these testes are also presented.

Keywords: Supply Chain; Model Behaviour; Mean Absolute Percent Error; System Dynamic Model; Logical Sequence (search for similar items in EconPapers)
Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sptchp:978-981-10-2045-2_6

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DOI: 10.1007/978-981-10-2045-2_6

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