Designing of integrated system-dynamics models for an oil company

Authors:
Andranik S. Akopov
Affiliations:
Faculty of Business Informatics, Business Analytics Department, National Research University Higher School of Economics, Kirpichnaya str. 33, 105679 Moscow, Russia
Venue:
International Journal of Computer Applications in Technology
Year:
2012

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Abstract

This paper presents a new approach to designing integrated simulation models for large corporations. This approach is based on the use of system-dynamics methods for implementing models of segments of the vertically integrated company taking into account the available direct and feedback links. All models have been designed with the help of power simulation tool - Powersim Studio. In addition, the designed simulation system has been integrated with created genetic algorithm and the corporate data warehouse.