Modelling And Management Hand In Hand
Price
Free (open access)
Transaction
Volume
33
Pages
9
Published
1999
Size
746 kb
Paper DOI
10.2495/WP990141
Copyright
WIT Press
Author(s)
F. Steinman, P. Banovec & B. Kompare
Abstract
Undoubtedly, modelling, and especially mathematical modelling, has been of great use in understanding and predicting the functioning of observed complex systems. To some extent, modelling can substitute for expensive measurements (monitoring) and even more costly multi-scenario evaluations in real environments. Modelling can help to avoid real-life dangerous situations, which can jeopardise material, wealth, and even human lives. However, Many modellers do not master or understand completely the art and craft of modelling as a tool for a decision making process, which leads to a successful management system. This pape
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