Please use this identifier to cite or link to this item: https://ktisis.cut.ac.cy/handle/10488/14762
Title: Unifying business objects and system dynamics as a paradigm for developing decision support systems
Authors: Gregoriades, Andreas 
Karakostas, Bill 
Keywords: Business objects;Simulation;System dynamics;Mathematical programming
Category: Economics and Business
Field: Social Sciences
Issue Date: 2004
Source: Decision Support Systems Volume 37, Issue 2, May 2004, Pages 307-311
Journal: Decision Support Systems 
Abstract: Due to the market-driven nature of modern organisations, it is important that they can easily adapt to changing business needs. In order to be able to do so, organisations need to employ information systems that exhibit the important characteristic of adaptability. Change, however, is risky because it encompasses unpredictable behaviours. Organisations, in order to minimise this risk, employ decision support systems (DSS) techniques that enable predictions to be made. This paper describes a simulation methodology, based on the combination of business objects and system dynamics that assists organisations in predicting future behaviours. The methodology eliminates the need for duplicate models of enterprise operation and simulation, and introduces a framework that enables the unification of the two in a single model.
URI: https://ktisis.cut.ac.cy/handle/10488/14762
ISSN: 2-s2.0-2342590692
https://api.elsevier.com/content/abstract/scopus_id/2342590692
2-s2.0-2342590692
01679236
https://api.elsevier.com/content/abstract/scopus_id/2342590692
DOI: 10.1016/S0167-9236(03)00004-6
Rights: © 2003 Elsevier B.V. All rights reserved.
Type: Article
Appears in Collections:Άρθρα/Articles

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