Title
Value Chain Modelling Using System Dynamics
Keywords
Growth; New product development; Strategic business units; Strategic supply chain management; System dynamics; Value chain
Abstract
We consider a new type of value chain that includes both production and service capabilities for existing product lines and that incorporates new product and service development. In this paper we model this value chain using system dynamics. The essential variables and causal relationships, which are expressed as linear differential equations among these variables, are also presented. We discuss the importance of eigenvalue analysis of the associated coefficient matrix in predicting and understanding the evolutionary behaviour of the system. A case study from the aerospace industry is introduced to validate the different developments. © 2007 Inderscience Enterprises Ltd.
Publication Date
1-1-2007
Publication Title
International Journal of Manufacturing Technology and Management
Volume
11
Issue
2
Number of Pages
135-156
Document Type
Article
Personal Identifier
scopus
DOI Link
https://doi.org/10.1504/IJMTM.2007.013182
Copyright Status
Unknown
Socpus ID
34248193367 (Scopus)
Source API URL
https://api.elsevier.com/content/abstract/scopus_id/34248193367
STARS Citation
Speller, Thomas; Rabelo, Luis; and Jones, Albert, "Value Chain Modelling Using System Dynamics" (2007). Scopus Export 2000s. 7348.
https://stars.library.ucf.edu/scopus2000/7348