Industrial Dynamics is a recently developed and fast moving area of management analysis. Since its inception it has gained both staunch opponents and severe critics. This paper is an attempt at an impartial appreciation of Industrial Dynamics. The model-building process employed in ID is briefly...

Comments on Forrester, J. W. 1968. Industrial dynamics--After the first decade. Management Sci. 14(7, March) 398-415.

The purpose of this paper is to outline a program of research which is needed to improve the state of the art of business planning. We have approached this task by relating planning to management science on one hand, and to certain areas of descriptive knowledge on the other. From these...