A. Instructions
Describe your selected system by providing background information, as the following:
- What’s included in the system and where is the boundary?
- What variable(s) in the system can change over time?
- What time horizon should be chosen for the variable(s) to show any changes? If applicable, what problem is the selected system undergoing?
Study the system using modelling and simulation, as the following: - Build a model for the selected system, or an aspect of it, using Stella (use real data where possible or assume the required data)
- Discuss what variable(s) in the system are often used as key performance indicator (KPI) that can also be studied by simulation
- Change the values of certain parameters, to understand the dynamic features of the system
- Discuss and illustrate your understanding of how the system behaves/operates with regard to the chosen performance measures (KPIs), explain this by drawing connection to the model structure
- Discuss under what condition the simulation will show a more desirable outcome, and what we can learn from it for optimizing the real-world system you selected.