International Journal of Mechanical Engineering and Research

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Identification of Relationship Amongst the DCM Indicators: A Causal Loop Approach

Research Area: Volume 6 Issue 2 Year: 2017
Type of Publication: Article
Authors:
  • Narendra Varkhedkar
Journal: IJMER Volume: 6
Number: 2 Pages: 18-26
Month: JULY-DEC
ISSN: 2277-8128
Abstract:
Customer demand is characterized by uncertainty because of its relation to a large number of factors which affect it. As in any other real life situation these also have closed loop feedback relationships. This work as a part of development of a System Dynamic model identified the relationship amongst the indicators of demand obtained from literature in the cause effect format with the help of expert opinion and presented them in the causal loop diagram. This diagram helps to have a holistic view of the system of demand chain management and facilitates to expand/limit the view of DCM by including/excluding the factors. Different feedback loops help to develop the understanding of complex and dynamic situation.
Full text: IJMER 6224.pdf

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