FORMAT: interactive live online sessions
DURATION: 6 weeks, 1 session of 120-minutes per week
GROUP SIZE: Maximum 16 participants per cohort
CERTIFICATE: certificate of attendance issued by Franklin University Switzerland
STARTING DATE: 28th March 2022
COST: 870 EUR
In this course, you will learn to use Stock and Flow Maps to gain fluency in using the complexity language. Stock and Flow Maps provide a rigorous basis for developing a quantitative and predictive model of a system. It enables the formulation and testing of scenarios and factors influencing the behaviour of the system.
Stocks represent resources that can accumulate or be depleted, such as the goods in the inventory of a company. Flows are entities that can increase or decrease a stock, like production or sales changing the inventory level. Mapping Stocks and their Flows in a system provides a powerful conceptualization method for understanding the relationship between resource structures in a system, and for observing behaviour over time.
Defining and distinguishing stocks, flows, and auxiliary variables in Stock and Flow Maps as building blocks of understanding resource dynamics within a system.
Identifying generic Stocks and Flow structures and their corresponding dynamic behavior such as exponential growth and decline, oscillations, and overshoot and collapse.
Recognizing and mapping resource interdependencies and feedback processes through networks of stocks and flows within a system of focus.
Representing delays as a critical source of dynamic and counter-intuitive behaviour in systems, and capturing non-linear relationships between various variables system.
Conceptualizing resource flows through and within systems to make explicit the maturation and obsolesce of resources and examine resource replenishment and depletion strategies.
Mapping key attributes of resources in service systems and how these attributes interact with and are driven by the resource structures.
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