DocumentCode :
2516760
Title :
Steering strategic decisions at London underground: evaluating management options with system dynamics
Author :
Mayo, Donna D. ; Dalton, William J. ; Callaghan, Martin J.
Author_Institution :
PA Consulting Group, Cambridge, MA, USA
Volume :
2
fYear :
2003
fDate :
7-10 Dec. 2003
Firstpage :
1578
Abstract :
System dynamics simulation models provide a powerful and rigorous means of evaluating management options in dynamically complex settings such as a metro subway system. We explore how a system dynamics model has been used over several years to address a variety of management challenges at London Underground. Several short case illustrations are described to demonstrate how such models are used in practice to aid strategic decision making, carry out robust business planning, and communicate effectively with key stakeholders.
Keywords :
decision making; digital simulation; strategic planning; transportation; London underground; business planning; metro subway system; strategic decision making; system dynamics simulation models; Business; Decision making; Energy management; Environmental management; Feedback loop; Government; Investments; Power system management; Power system modeling; Robustness;
fLanguage :
English
Publisher :
ieee
Conference_Titel :
Simulation Conference, 2003. Proceedings of the 2003 Winter
Print_ISBN :
0-7803-8131-9
Type :
conf
DOI :
10.1109/WSC.2003.1261605
Filename :
1261605
Link To Document :
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