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In this paper we utilize traditional microeconomic theory and elementary queuing theory to develop a computer simulation model of a single-product, multi-process firm. One of our objectives is to demonstrate that the body of economic theory known as the "theory of the firm" may be used to...
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A recent survey by Social Systems, Inc., indicates that since 1970 over 1000 corporations in the United States and Canada have begun developing and using corporate simulation models. However, the percentage of corporations that have experience with corporate models remains relatively small. Why...
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Through direct personal contact we have identified over 2000 corporations in the United States, Canada, and Europe that are either using, developing, or planning to develop some form of corporate planning model. In 1974 we mailed questionnaires to 1881 of these corporations to ascertain (1) who...
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On October 9–10, 1975, representatives from approximately 75 companies in the United States, Canada, and Mexico attended a symposium in New Orleans entitled “The Future of Corporate Planning Models.” The symposium, sponsored by the Corporate Modeling Users Group of Social Systems, Inc.,...
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The January issue of Planning Review contained an article by Bradley T. Gale which described the PIMS Program of SPI. Utilizing a database of strategic information on over one thousand product‐line businesses, the objectives of The PIMS Program according to Gale are “to discover the general...
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