scholarly journals A System Dynamics Model of Online Stores’ Sales: Positive and Negative E-WOM and Promotion Perspective

2019 ◽  
Vol 11 (21) ◽  
pp. 6045 ◽  
Author(s):  
Qiang Yan ◽  
Simin Zhou ◽  
Xiaoyan Zhang ◽  
Ye Li
Keyword(s):  
System Dynamics ◽  
Real Data ◽  
System Dynamics Model ◽  
Dynamics Model ◽  
Sustainable Operations ◽  
Main Research ◽  
Interaction Diagram ◽  
Online Stores ◽  
The Impact

In this paper, we build a causal interaction diagram between the factors that may influence the sales and profits of online stores. An online store’s real operation data were used to help determine the causal relationship between variables. Finally, we proposed a system dynamics model and conducted a simulation of the operation of an online store. In this model, we focused on the impact of promotion and positive/negative electronic word of mouth (e-WOM) on the sales and profits of the online stores. The simulation results showed a similar trend to the real data and the main research finding showed that promotion is not a long-term measure for the sustainable development of online stores. Excessive promotion effort may lead to consumers’ dissatisfaction leading the increase of negative e-WOM. The systematic simulation can help us understand better the long-term effect of promotion and e-WOM on the operation of online stores. Finally, we gave some management suggestions for online stores’ sustainable operations.

scholarly journals Examining budget policies for new and existing facilities: a system dynamics approach

2016 ◽  
Vol 43 (6) ◽  
pp. 511-522 ◽  
Author(s):  
Roozbeh Rashedi ◽  
Tarek Hegazy
Keyword(s):  
System Dynamics ◽  
Life Cycle Cost ◽  
Budget Allocation ◽  
Condition Index ◽  
Dynamics Simulation ◽  
System Dynamics Model ◽  
Dynamics Model ◽  
Policy Makers ◽  
The Impact

Sustaining acceptable service in large facility networks is a complex task, particularly under limited budgets, rapid deterioration, and increasing service demands. Policy-makers are, therefore, challenged to make efficient balance between the construction of new facilities and the renewal of existing ones to suit both the short and the long-term needs. To support policy-makers, this paper proposes an efficient decision support system using the system dynamics simulation technique to analyze the impact of various budget allocation policies and to optimize policy decisions. The proposed system dynamics model was tested using a case study from the Toronto District School Board involving more than 400 schools. It can find the optimum budgeting strategy that minimizes the overall facility condition index and total life cycle cost over a long-term strategic plan. The system dynamics model proved its ability to find a budget allocation policy with much better results than the typical enrolment-based approach.

Simulation and Prediction of Excellent Students Based on System Dynamics

2015 ◽  
Vol 713-715 ◽  
pp. 1914-1917
Author(s):  
Pei Qin Qi ◽  
Yong Feng Chen
Keyword(s):  
System Dynamics ◽  
Systems Engineering ◽  
System Dynamics Model ◽  
Dynamics Model ◽  
Independent Variables ◽  
Article Analysis ◽  
The Impact

This article analysis the fundamental reasons of the universities recruiting excellent students from the perspective of systems engineering and establish a system dynamics model. Using vensim analysis the impact of recruiting , cultivating excellent students and the loss of them on the total amount of excellent students. While Long-term state of the system is predicted. Through comparing the two programs that the initial cultivation degree and recruiting efficiency are respectively as independent variables and the total amount of excellent students as dependent variable it can provide a reference for the system of university recruiting.

scholarly journals Transforming a Liability into an Asset: A System Dynamics Model for Free-Ranging Dog Population Management

Systems ◽  
2021 ◽  
Vol 9 (3) ◽  
pp. 56
Author(s):  
Urmila Basu Mallick ◽  
Marja H. Bakermans ◽  
Khalid Saeed
Keyword(s):  
System Dynamics ◽  
Social Integration ◽  
Unintended Consequences ◽  
System Dynamics Model ◽  
Dynamics Model ◽  
Innovative Strategies ◽  
Management Context ◽  
Free Ranging ◽  
Social Rewards

Using Indian free-ranging dogs (FRD) as a case study, we propose a novel intervention of social integration alongside previously proposed methods for dealing with FRD populations. Our study subsumes population dynamics, funding avenues, and innovative strategies to maintain FRD welfare and provide societal benefits. We develop a comprehensive system dynamics model, featuring identifiable parameters customizable for any management context and imperative for successfully planning a widescale FRD population intervention. We examine policy resistance and simulate conventional interventions alongside the proposed social integration effort to compare monetary and social rewards, as well as costs and unintended consequences. For challenging socioeconomic ecological contexts, policy resistance is best overcome by shifting priority strategically between social integration and conventional techniques. The results suggest that social integration can financially support a long-term FRD intervention, while transforming a “pest” population into a resource for animal-assisted health interventions, law enforcement, and conservation efforts.

scholarly journals An Integrated Global Food and Energy Security System Dynamics Model for Addressing Systemic Risk

2019 ◽  
Vol 11 (14) ◽  
pp. 3995 ◽  
Author(s):  
Roberto Pasqualino ◽  
Irene Monasterolo ◽  
Aled Jones
Keyword(s):  
Food Security ◽  
Population Growth ◽  
System Dynamics ◽  
Systemic Risk ◽  
Land Development ◽  
Climate Extreme ◽  
System Dynamics Model ◽  
Dynamics Model ◽  
The Impact ◽  
Global Food

In 1972, The Limits to Growth, using the World3 System Dynamics model, modeled for the first time the long-term risk of food security, which would emerge from the complex relation between capital and population growth within the limits of the planet. In this paper, we present a novel system dynamics model to explore the short-term dynamics of the food and energy system within the wider global economic framework. By merging structures of the World3, Money, and Macroeconomy Dynamics (MMD) and the Energy Transition and the Economy (ETE) models, we present a closed system global economy model, where growth is driven by population growth and government debt. The agricultural sector is a general disequilibrium productive sector grounded on World3, where capital investment and land development decisions are made to meet population food need, thus generating cascade demands for the energy and capital sector. Energy and Capital Sectors employ a more standard economic approach in line with MMD and ETE. By taking into account the role of financial, real, and natural capital, the model can be used to explore alternative scenarios driven by uncertainty and risk, such as climate extreme events and their impacts on food production. The paper presents scenario analysis of the impact of an exogenous price, production, and subsidies shock in the food and/or energy dimensions on the economic system, understanding the sources of potential cascade effects, thus providing a systemic risk assessment tool to inform global food security policies.

scholarly journals Impact of COVID-19 on Port Production and Operation Based on System Dynamics: A Case Study of Shanghai Port in China

2021 ◽  
Vol 2021 ◽  
pp. 1-13
Author(s):  
Zili Tai ◽  
Ji Guo ◽  
Yeli Guan ◽  
Qingquan Shi
Keyword(s):  
System Dynamics ◽  
Impact Assessment ◽  
Production Efficiency ◽  
System Dynamics Model ◽  
Dynamics Model ◽  
Logistics Network ◽  
Cargo Transport ◽  
The Impact ◽  
Production And Operation

Since the end of 2019, the outbreak of COVID-19 has severely affected port production and operation. There is little research on the systematic impact assessment. This study took Shanghai Port as an example and evaluated the impact under different scenarios through establishing a System Dynamics model. It is found that the epidemic mainly has a greater impact on passenger transport, but less on cargo transport. The ports with the function of transportation in highway, railway, and waterway were the key nodes in the international logistics network. More attention should be paid to the impact assessment of COVID-19 on ports’ production and operation. It is necessary to strengthen the port’s collection and distribution capabilities, improve port production efficiency, and further strengthen port modernization. This research method proposed in this paper can provide a reference for the impact assessment of similar events, and the empirical results can provide a reference for handling the epidemic shock for the port and shipping departments.

scholarly journals A System Dynamics Model of Employees’ Performance

2020 ◽  
Vol 12 (16) ◽  
pp. 6511
Author(s):  
Mudhafar Alefari ◽  
Mohammed Almanei ◽  
Konstantinos Salonitis
Keyword(s):  
Literature Review ◽  
System Dynamics ◽  
Employee Performance ◽  
System Dynamics Model ◽  
Dynamics Model ◽  
Number Of Factors ◽  
Overall Performance ◽  
Flow Diagrams ◽  
Dynamics Models ◽  
The Impact

Employee performance is dynamic and can have great impact on the overall performance of any company and its sustainability. A number of factors that can be controlled by the company can affect the employees’ performance. The present paper starts with a thorough literature review for identifying these key driving in order to develop a system dynamics models that will be able to assess different improvement scenarios and initiatives. Based on causal loop diagrams, stock and flow diagrams are developed and solved using system dynamics theory. The model developed can be used for organizations to assess the impact of different improvement initiatives.

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