Choose a dynamic system from a field or an organisation including but not limited to

Choose a dynamic system from a field or an organisation including but not limited to

Choose a dynamic system from a field or an organisation (including but not limited to business management, public management, public health, and environment). Complete both parts (A and B) as explained below. Part (A): 50 % For this part, you need to describe your selected system and provide necessary (and only necessary) background information. This should include the following: ¢What is included in the system and where is the boundary? ¢What variable(s) in the system can change over time? ¢What time horizon should be chosen for the variable(s) to show any changes? ¢If applicable, what problem is the selected system undergoing? Part (B): 50 % For this part, you need to study your selected system using modelling and simulation. This should include the following: ¢Build a model for the selected system, or an aspect of it, using Stella. You may use real data where possible or you may assume the required data ¢Briefly discuss what variable(s) in the system are often used as key performance indicator (KPI) that can also be studied by simulation ¢Change the values of certain parameters, ˜play’ with the model, to understand the dynamic features of the system ¢Discuss and illustrate your understanding of how the system behaves/operates with regard to the chosen performance measures (KPIs), explain this by drawing connection to the model structure ¢Discuss under what condition the simulation will show a more desirable outcome, and what we can learn from it for optimising the real-world system you selected.