SlideShare a Scribd company logo
1 of 4
ITS 832 CHAPTER 5
FROM BUILDING A MODEL TO ADAPTIVE ROBUST
DECISION MAKING USING SYSTEMS
MODELING
INFORMATION TECHNOLOGY IN A GLOBAL ECONOMY
DR. JORDON SHAW
INTRODUCTION
• Systems modeling
• Focus on decision making abilities
• Legacy System Dynamics (SD) modeling
• Recent innovations
• What the future holds
• Examples
SYSTEMS MODELING
• Dynamic complexity
• Behavior evolves over time
• Modeling methods
• System Dynamics(CD)
• Discrete Event Simulation(DES)
• Multi-actor Systems Modeling(MAS)
• Agent-based Modeling (ABM)
• Complex Adaptive Systems Modeling(CAS)
• Enhanced computing supports model based decision making
• Modeling and simulation has become interdisciplinary
• Operation research, policy analysis, data analytics, machine
learning, computer science
LEGACY SYSTEM DYNAMICS MODELING
• 1950s – Jay W. Forrester
• Primary characteristics
• Feedback effects – dependent on their own past
• Accumulation effects – building up intangibles
• Behavior of a system is explained
• Casual theory – model generates dynamic behavior
• Works well when
• Complex system responds to feedback and accumulation
RECENT INNOVATIONS
• Detailed list of individual innovations
• Deep uncertainty
• Analysts do not know or cannot agree on
• Model
• Probability distributions of key features
• Value of alternative outcomes
• Two primary evolutions
• Smarter methods (Data Science)
• Usability/accessibility advances
WHAT THE FUTURE HOLDS
• Better models
• More data (“Big Data”)
• Social media
• Advanced capabilities for
• Hybrid modeling
• Simultaneous modeling
MODELING AND SIMULATION
EXAMPLES
• Assessing the Risk, and Monitoring, of New Infectious
Diseases
• Simple systems model with deep uncertainty
• Integrated Risk-Capability Analysis Under Deep Uncertainty
• System-of-systems approach
• Policing Under Deep Uncertainty
• Smart model-based decision support system
SUMMARY
• Modeling has long been used with complex systems
• Recent evolutions have advanced modeling
• Increase computing power
• Social media and Big data
• Sophisticated analytics
• Multi-method and hybrid approaches are now feasible
• Continued move into interdisciplinary study
• Advanced modeling for complex systems

More Related Content

Similar to ITS 832 CHAPTER 5FROM BUILDING A MODEL TO ADAPTIVE ROBUST DE.docx

Decision Support Systems
Decision Support SystemsDecision Support Systems
Decision Support SystemsHadi Fadlallah
 
information system analysis and design
information system analysis and designinformation system analysis and design
information system analysis and designEndalkachewYazie1
 
Modelling and Simulation Approaches for Techno-Societal Phenomena
Modelling and Simulation Approaches for Techno-Societal Phenomena Modelling and Simulation Approaches for Techno-Societal Phenomena
Modelling and Simulation Approaches for Techno-Societal Phenomena Yannis Charalabidis
 
Improving AI Development - Dave Litwiller - Jan 11 2022 - Public
Improving AI Development - Dave Litwiller - Jan 11 2022 - PublicImproving AI Development - Dave Litwiller - Jan 11 2022 - Public
Improving AI Development - Dave Litwiller - Jan 11 2022 - PublicDave Litwiller
 
Analytics in Context: Modelling in a regulatory environment
Analytics in Context: Modelling in a regulatory environmentAnalytics in Context: Modelling in a regulatory environment
Analytics in Context: Modelling in a regulatory environmentIntegrated Knowledge Services
 
TDWI Solution Summit San Diego 2014 Advanced Analytics at Macys.com
TDWI Solution Summit San Diego 2014 Advanced Analytics at Macys.comTDWI Solution Summit San Diego 2014 Advanced Analytics at Macys.com
TDWI Solution Summit San Diego 2014 Advanced Analytics at Macys.comDaqing Zhao
 
Tommi kramer 2013-06-21-caise-re2-kramer
Tommi kramer   2013-06-21-caise-re2-kramerTommi kramer   2013-06-21-caise-re2-kramer
Tommi kramer 2013-06-21-caise-re2-kramercaise2013vlc
 
Large Scale Data Mining using Genetics-Based Machine Learning
Large Scale Data Mining using Genetics-Based Machine LearningLarge Scale Data Mining using Genetics-Based Machine Learning
Large Scale Data Mining using Genetics-Based Machine Learningjaumebp
 
Simulation of complex systems: the case of crowds (Phd course - lesson 1/7)
Simulation of complex systems: the case of crowds (Phd course - lesson 1/7)Simulation of complex systems: the case of crowds (Phd course - lesson 1/7)
Simulation of complex systems: the case of crowds (Phd course - lesson 1/7)Giuseppe Vizzari
 
Decision Support System ( DSS )
Decision Support System ( DSS )Decision Support System ( DSS )
Decision Support System ( DSS )Siddhesh Palkar
 
Computational Thinking in the Workforce and Next Generation Science Standards...
Computational Thinking in the Workforce and Next Generation Science Standards...Computational Thinking in the Workforce and Next Generation Science Standards...
Computational Thinking in the Workforce and Next Generation Science Standards...Josh Sheldon
 
Applying Systems Thinking to Software Architecture
Applying Systems Thinking to Software ArchitectureApplying Systems Thinking to Software Architecture
Applying Systems Thinking to Software ArchitectureMatt McLarty
 

Similar to ITS 832 CHAPTER 5FROM BUILDING A MODEL TO ADAPTIVE ROBUST DE.docx (20)

Decision Support Systems
Decision Support SystemsDecision Support Systems
Decision Support Systems
 
Chapter9
Chapter9Chapter9
Chapter9
 
dss
 dss dss
dss
 
information system analysis and design
information system analysis and designinformation system analysis and design
information system analysis and design
 
Modelling and Simulation Approaches for Techno-Societal Phenomena
Modelling and Simulation Approaches for Techno-Societal Phenomena Modelling and Simulation Approaches for Techno-Societal Phenomena
Modelling and Simulation Approaches for Techno-Societal Phenomena
 
Machine learning in Banks
Machine learning in BanksMachine learning in Banks
Machine learning in Banks
 
Decision Support System
Decision Support SystemDecision Support System
Decision Support System
 
Improving AI Development - Dave Litwiller - Jan 11 2022 - Public
Improving AI Development - Dave Litwiller - Jan 11 2022 - PublicImproving AI Development - Dave Litwiller - Jan 11 2022 - Public
Improving AI Development - Dave Litwiller - Jan 11 2022 - Public
 
Analytics in Context: Modelling in a regulatory environment
Analytics in Context: Modelling in a regulatory environmentAnalytics in Context: Modelling in a regulatory environment
Analytics in Context: Modelling in a regulatory environment
 
MIS & DSS
MIS & DSSMIS & DSS
MIS & DSS
 
TDWI Solution Summit San Diego 2014 Advanced Analytics at Macys.com
TDWI Solution Summit San Diego 2014 Advanced Analytics at Macys.comTDWI Solution Summit San Diego 2014 Advanced Analytics at Macys.com
TDWI Solution Summit San Diego 2014 Advanced Analytics at Macys.com
 
Tommi kramer 2013-06-21-caise-re2-kramer
Tommi kramer   2013-06-21-caise-re2-kramerTommi kramer   2013-06-21-caise-re2-kramer
Tommi kramer 2013-06-21-caise-re2-kramer
 
Large Scale Data Mining using Genetics-Based Machine Learning
Large Scale Data Mining using Genetics-Based Machine LearningLarge Scale Data Mining using Genetics-Based Machine Learning
Large Scale Data Mining using Genetics-Based Machine Learning
 
Dss
DssDss
Dss
 
Unit 1 DSS
Unit 1 DSSUnit 1 DSS
Unit 1 DSS
 
Simulation of complex systems: the case of crowds (Phd course - lesson 1/7)
Simulation of complex systems: the case of crowds (Phd course - lesson 1/7)Simulation of complex systems: the case of crowds (Phd course - lesson 1/7)
Simulation of complex systems: the case of crowds (Phd course - lesson 1/7)
 
Mis 8
Mis 8Mis 8
Mis 8
 
Decision Support System ( DSS )
Decision Support System ( DSS )Decision Support System ( DSS )
Decision Support System ( DSS )
 
Computational Thinking in the Workforce and Next Generation Science Standards...
Computational Thinking in the Workforce and Next Generation Science Standards...Computational Thinking in the Workforce and Next Generation Science Standards...
Computational Thinking in the Workforce and Next Generation Science Standards...
 
Applying Systems Thinking to Software Architecture
Applying Systems Thinking to Software ArchitectureApplying Systems Thinking to Software Architecture
Applying Systems Thinking to Software Architecture
 

More from vrickens

1000 words, 2 referencesBegin conducting research now on your .docx
1000 words, 2 referencesBegin conducting research now on your .docx1000 words, 2 referencesBegin conducting research now on your .docx
1000 words, 2 referencesBegin conducting research now on your .docxvrickens
 
1000 words only due by 5314 at 1200 estthis is a second part to.docx
1000 words only due by 5314 at 1200 estthis is a second part to.docx1000 words only due by 5314 at 1200 estthis is a second part to.docx
1000 words only due by 5314 at 1200 estthis is a second part to.docxvrickens
 
1000 words with refernceBased on the American constitution,” wh.docx
1000 words with refernceBased on the American constitution,” wh.docx1000 words with refernceBased on the American constitution,” wh.docx
1000 words with refernceBased on the American constitution,” wh.docxvrickens
 
10.1. In a t test for a single sample, the samples mean.docx
10.1. In a t test for a single sample, the samples mean.docx10.1. In a t test for a single sample, the samples mean.docx
10.1. In a t test for a single sample, the samples mean.docxvrickens
 
100 WORDS OR MOREConsider your past experiences either as a studen.docx
100 WORDS OR MOREConsider your past experiences either as a studen.docx100 WORDS OR MOREConsider your past experiences either as a studen.docx
100 WORDS OR MOREConsider your past experiences either as a studen.docxvrickens
 
1000 to 2000 words Research Title VII of the Civil Rights Act of.docx
1000 to 2000 words Research Title VII of the Civil Rights Act of.docx1000 to 2000 words Research Title VII of the Civil Rights Act of.docx
1000 to 2000 words Research Title VII of the Civil Rights Act of.docxvrickens
 
1000 word essay MlA Format.. What is our personal responsibility tow.docx
1000 word essay MlA Format.. What is our personal responsibility tow.docx1000 word essay MlA Format.. What is our personal responsibility tow.docx
1000 word essay MlA Format.. What is our personal responsibility tow.docxvrickens
 
100 wordsGoods and services that are not sold in markets.docx
100 wordsGoods and services that are not sold in markets.docx100 wordsGoods and services that are not sold in markets.docx
100 wordsGoods and services that are not sold in markets.docxvrickens
 
100 word responseChicago style citingLink to textbook httpbo.docx
100 word responseChicago style citingLink to textbook httpbo.docx100 word responseChicago style citingLink to textbook httpbo.docx
100 word responseChicago style citingLink to textbook httpbo.docxvrickens
 
100 word response to the followingBoth perspectives that we rea.docx
100 word response to the followingBoth perspectives that we rea.docx100 word response to the followingBoth perspectives that we rea.docx
100 word response to the followingBoth perspectives that we rea.docxvrickens
 
100 word response to the followingThe point that Penetito is tr.docx
100 word response to the followingThe point that Penetito is tr.docx100 word response to the followingThe point that Penetito is tr.docx
100 word response to the followingThe point that Penetito is tr.docxvrickens
 
100 word response to the folowingMust use Chicago style citing an.docx
100 word response to the folowingMust use Chicago style citing an.docx100 word response to the folowingMust use Chicago style citing an.docx
100 word response to the folowingMust use Chicago style citing an.docxvrickens
 
100 word response using textbook Getlein, Mark. Living with Art, 9t.docx
100 word response using textbook Getlein, Mark. Living with Art, 9t.docx100 word response using textbook Getlein, Mark. Living with Art, 9t.docx
100 word response using textbook Getlein, Mark. Living with Art, 9t.docxvrickens
 
100 word response to the following. Must cite properly in MLA.Un.docx
100 word response to the following. Must cite properly in MLA.Un.docx100 word response to the following. Must cite properly in MLA.Un.docx
100 word response to the following. Must cite properly in MLA.Un.docxvrickens
 
100 original, rubric, word count and required readings must be incl.docx
100 original, rubric, word count and required readings must be incl.docx100 original, rubric, word count and required readings must be incl.docx
100 original, rubric, word count and required readings must be incl.docxvrickens
 
100 or more wordsFor this Discussion imagine that you are speaki.docx
100 or more wordsFor this Discussion imagine that you are speaki.docx100 or more wordsFor this Discussion imagine that you are speaki.docx
100 or more wordsFor this Discussion imagine that you are speaki.docxvrickens
 
10. (TCOs 1 and 10) Apple, Inc. a cash basis S corporation in Or.docx
10. (TCOs 1 and 10) Apple, Inc. a cash basis S corporation in Or.docx10. (TCOs 1 and 10) Apple, Inc. a cash basis S corporation in Or.docx
10. (TCOs 1 and 10) Apple, Inc. a cash basis S corporation in Or.docxvrickens
 
10-12 slides with Notes APA Style ReferecesThe prosecutor is getti.docx
10-12 slides with Notes APA Style ReferecesThe prosecutor is getti.docx10-12 slides with Notes APA Style ReferecesThe prosecutor is getti.docx
10-12 slides with Notes APA Style ReferecesThe prosecutor is getti.docxvrickens
 
10-12 page paer onDiscuss the advantages and problems with trailer.docx
10-12 page paer onDiscuss the advantages and problems with trailer.docx10-12 page paer onDiscuss the advantages and problems with trailer.docx
10-12 page paer onDiscuss the advantages and problems with trailer.docxvrickens
 
10. Assume that you are responsible for decontaminating materials in.docx
10. Assume that you are responsible for decontaminating materials in.docx10. Assume that you are responsible for decontaminating materials in.docx
10. Assume that you are responsible for decontaminating materials in.docxvrickens
 

More from vrickens (20)

1000 words, 2 referencesBegin conducting research now on your .docx
1000 words, 2 referencesBegin conducting research now on your .docx1000 words, 2 referencesBegin conducting research now on your .docx
1000 words, 2 referencesBegin conducting research now on your .docx
 
1000 words only due by 5314 at 1200 estthis is a second part to.docx
1000 words only due by 5314 at 1200 estthis is a second part to.docx1000 words only due by 5314 at 1200 estthis is a second part to.docx
1000 words only due by 5314 at 1200 estthis is a second part to.docx
 
1000 words with refernceBased on the American constitution,” wh.docx
1000 words with refernceBased on the American constitution,” wh.docx1000 words with refernceBased on the American constitution,” wh.docx
1000 words with refernceBased on the American constitution,” wh.docx
 
10.1. In a t test for a single sample, the samples mean.docx
10.1. In a t test for a single sample, the samples mean.docx10.1. In a t test for a single sample, the samples mean.docx
10.1. In a t test for a single sample, the samples mean.docx
 
100 WORDS OR MOREConsider your past experiences either as a studen.docx
100 WORDS OR MOREConsider your past experiences either as a studen.docx100 WORDS OR MOREConsider your past experiences either as a studen.docx
100 WORDS OR MOREConsider your past experiences either as a studen.docx
 
1000 to 2000 words Research Title VII of the Civil Rights Act of.docx
1000 to 2000 words Research Title VII of the Civil Rights Act of.docx1000 to 2000 words Research Title VII of the Civil Rights Act of.docx
1000 to 2000 words Research Title VII of the Civil Rights Act of.docx
 
1000 word essay MlA Format.. What is our personal responsibility tow.docx
1000 word essay MlA Format.. What is our personal responsibility tow.docx1000 word essay MlA Format.. What is our personal responsibility tow.docx
1000 word essay MlA Format.. What is our personal responsibility tow.docx
 
100 wordsGoods and services that are not sold in markets.docx
100 wordsGoods and services that are not sold in markets.docx100 wordsGoods and services that are not sold in markets.docx
100 wordsGoods and services that are not sold in markets.docx
 
100 word responseChicago style citingLink to textbook httpbo.docx
100 word responseChicago style citingLink to textbook httpbo.docx100 word responseChicago style citingLink to textbook httpbo.docx
100 word responseChicago style citingLink to textbook httpbo.docx
 
100 word response to the followingBoth perspectives that we rea.docx
100 word response to the followingBoth perspectives that we rea.docx100 word response to the followingBoth perspectives that we rea.docx
100 word response to the followingBoth perspectives that we rea.docx
 
100 word response to the followingThe point that Penetito is tr.docx
100 word response to the followingThe point that Penetito is tr.docx100 word response to the followingThe point that Penetito is tr.docx
100 word response to the followingThe point that Penetito is tr.docx
 
100 word response to the folowingMust use Chicago style citing an.docx
100 word response to the folowingMust use Chicago style citing an.docx100 word response to the folowingMust use Chicago style citing an.docx
100 word response to the folowingMust use Chicago style citing an.docx
 
100 word response using textbook Getlein, Mark. Living with Art, 9t.docx
100 word response using textbook Getlein, Mark. Living with Art, 9t.docx100 word response using textbook Getlein, Mark. Living with Art, 9t.docx
100 word response using textbook Getlein, Mark. Living with Art, 9t.docx
 
100 word response to the following. Must cite properly in MLA.Un.docx
100 word response to the following. Must cite properly in MLA.Un.docx100 word response to the following. Must cite properly in MLA.Un.docx
100 word response to the following. Must cite properly in MLA.Un.docx
 
100 original, rubric, word count and required readings must be incl.docx
100 original, rubric, word count and required readings must be incl.docx100 original, rubric, word count and required readings must be incl.docx
100 original, rubric, word count and required readings must be incl.docx
 
100 or more wordsFor this Discussion imagine that you are speaki.docx
100 or more wordsFor this Discussion imagine that you are speaki.docx100 or more wordsFor this Discussion imagine that you are speaki.docx
100 or more wordsFor this Discussion imagine that you are speaki.docx
 
10. (TCOs 1 and 10) Apple, Inc. a cash basis S corporation in Or.docx
10. (TCOs 1 and 10) Apple, Inc. a cash basis S corporation in Or.docx10. (TCOs 1 and 10) Apple, Inc. a cash basis S corporation in Or.docx
10. (TCOs 1 and 10) Apple, Inc. a cash basis S corporation in Or.docx
 
10-12 slides with Notes APA Style ReferecesThe prosecutor is getti.docx
10-12 slides with Notes APA Style ReferecesThe prosecutor is getti.docx10-12 slides with Notes APA Style ReferecesThe prosecutor is getti.docx
10-12 slides with Notes APA Style ReferecesThe prosecutor is getti.docx
 
10-12 page paer onDiscuss the advantages and problems with trailer.docx
10-12 page paer onDiscuss the advantages and problems with trailer.docx10-12 page paer onDiscuss the advantages and problems with trailer.docx
10-12 page paer onDiscuss the advantages and problems with trailer.docx
 
10. Assume that you are responsible for decontaminating materials in.docx
10. Assume that you are responsible for decontaminating materials in.docx10. Assume that you are responsible for decontaminating materials in.docx
10. Assume that you are responsible for decontaminating materials in.docx
 

Recently uploaded

Alper Gobel In Media Res Media Component
Alper Gobel In Media Res Media ComponentAlper Gobel In Media Res Media Component
Alper Gobel In Media Res Media ComponentInMediaRes1
 
Hierarchy of management that covers different levels of management
Hierarchy of management that covers different levels of managementHierarchy of management that covers different levels of management
Hierarchy of management that covers different levels of managementmkooblal
 
Organic Name Reactions for the students and aspirants of Chemistry12th.pptx
Organic Name Reactions  for the students and aspirants of Chemistry12th.pptxOrganic Name Reactions  for the students and aspirants of Chemistry12th.pptx
Organic Name Reactions for the students and aspirants of Chemistry12th.pptxVS Mahajan Coaching Centre
 
DATA STRUCTURE AND ALGORITHM for beginners
DATA STRUCTURE AND ALGORITHM for beginnersDATA STRUCTURE AND ALGORITHM for beginners
DATA STRUCTURE AND ALGORITHM for beginnersSabitha Banu
 
Types of Journalistic Writing Grade 8.pptx
Types of Journalistic Writing Grade 8.pptxTypes of Journalistic Writing Grade 8.pptx
Types of Journalistic Writing Grade 8.pptxEyham Joco
 
Software Engineering Methodologies (overview)
Software Engineering Methodologies (overview)Software Engineering Methodologies (overview)
Software Engineering Methodologies (overview)eniolaolutunde
 
MARGINALIZATION (Different learners in Marginalized Group
MARGINALIZATION (Different learners in Marginalized GroupMARGINALIZATION (Different learners in Marginalized Group
MARGINALIZATION (Different learners in Marginalized GroupJonathanParaisoCruz
 
Painted Grey Ware.pptx, PGW Culture of India
Painted Grey Ware.pptx, PGW Culture of IndiaPainted Grey Ware.pptx, PGW Culture of India
Painted Grey Ware.pptx, PGW Culture of IndiaVirag Sontakke
 
Framing an Appropriate Research Question 6b9b26d93da94caf993c038d9efcdedb.pdf
Framing an Appropriate Research Question 6b9b26d93da94caf993c038d9efcdedb.pdfFraming an Appropriate Research Question 6b9b26d93da94caf993c038d9efcdedb.pdf
Framing an Appropriate Research Question 6b9b26d93da94caf993c038d9efcdedb.pdfUjwalaBharambe
 
History Class XII Ch. 3 Kinship, Caste and Class (1).pptx
History Class XII Ch. 3 Kinship, Caste and Class (1).pptxHistory Class XII Ch. 3 Kinship, Caste and Class (1).pptx
History Class XII Ch. 3 Kinship, Caste and Class (1).pptxsocialsciencegdgrohi
 
How to Configure Email Server in Odoo 17
How to Configure Email Server in Odoo 17How to Configure Email Server in Odoo 17
How to Configure Email Server in Odoo 17Celine George
 
ECONOMIC CONTEXT - LONG FORM TV DRAMA - PPT
ECONOMIC CONTEXT - LONG FORM TV DRAMA - PPTECONOMIC CONTEXT - LONG FORM TV DRAMA - PPT
ECONOMIC CONTEXT - LONG FORM TV DRAMA - PPTiammrhaywood
 
How to Make a Pirate ship Primary Education.pptx
How to Make a Pirate ship Primary Education.pptxHow to Make a Pirate ship Primary Education.pptx
How to Make a Pirate ship Primary Education.pptxmanuelaromero2013
 
Employee wellbeing at the workplace.pptx
Employee wellbeing at the workplace.pptxEmployee wellbeing at the workplace.pptx
Employee wellbeing at the workplace.pptxNirmalaLoungPoorunde1
 
Meghan Sutherland In Media Res Media Component
Meghan Sutherland In Media Res Media ComponentMeghan Sutherland In Media Res Media Component
Meghan Sutherland In Media Res Media ComponentInMediaRes1
 
Computed Fields and api Depends in the Odoo 17
Computed Fields and api Depends in the Odoo 17Computed Fields and api Depends in the Odoo 17
Computed Fields and api Depends in the Odoo 17Celine George
 
ECONOMIC CONTEXT - PAPER 1 Q3: NEWSPAPERS.pptx
ECONOMIC CONTEXT - PAPER 1 Q3: NEWSPAPERS.pptxECONOMIC CONTEXT - PAPER 1 Q3: NEWSPAPERS.pptx
ECONOMIC CONTEXT - PAPER 1 Q3: NEWSPAPERS.pptxiammrhaywood
 

Recently uploaded (20)

Alper Gobel In Media Res Media Component
Alper Gobel In Media Res Media ComponentAlper Gobel In Media Res Media Component
Alper Gobel In Media Res Media Component
 
Hierarchy of management that covers different levels of management
Hierarchy of management that covers different levels of managementHierarchy of management that covers different levels of management
Hierarchy of management that covers different levels of management
 
Organic Name Reactions for the students and aspirants of Chemistry12th.pptx
Organic Name Reactions  for the students and aspirants of Chemistry12th.pptxOrganic Name Reactions  for the students and aspirants of Chemistry12th.pptx
Organic Name Reactions for the students and aspirants of Chemistry12th.pptx
 
DATA STRUCTURE AND ALGORITHM for beginners
DATA STRUCTURE AND ALGORITHM for beginnersDATA STRUCTURE AND ALGORITHM for beginners
DATA STRUCTURE AND ALGORITHM for beginners
 
Types of Journalistic Writing Grade 8.pptx
Types of Journalistic Writing Grade 8.pptxTypes of Journalistic Writing Grade 8.pptx
Types of Journalistic Writing Grade 8.pptx
 
Software Engineering Methodologies (overview)
Software Engineering Methodologies (overview)Software Engineering Methodologies (overview)
Software Engineering Methodologies (overview)
 
MARGINALIZATION (Different learners in Marginalized Group
MARGINALIZATION (Different learners in Marginalized GroupMARGINALIZATION (Different learners in Marginalized Group
MARGINALIZATION (Different learners in Marginalized Group
 
Painted Grey Ware.pptx, PGW Culture of India
Painted Grey Ware.pptx, PGW Culture of IndiaPainted Grey Ware.pptx, PGW Culture of India
Painted Grey Ware.pptx, PGW Culture of India
 
TataKelola dan KamSiber Kecerdasan Buatan v022.pdf
TataKelola dan KamSiber Kecerdasan Buatan v022.pdfTataKelola dan KamSiber Kecerdasan Buatan v022.pdf
TataKelola dan KamSiber Kecerdasan Buatan v022.pdf
 
OS-operating systems- ch04 (Threads) ...
OS-operating systems- ch04 (Threads) ...OS-operating systems- ch04 (Threads) ...
OS-operating systems- ch04 (Threads) ...
 
Framing an Appropriate Research Question 6b9b26d93da94caf993c038d9efcdedb.pdf
Framing an Appropriate Research Question 6b9b26d93da94caf993c038d9efcdedb.pdfFraming an Appropriate Research Question 6b9b26d93da94caf993c038d9efcdedb.pdf
Framing an Appropriate Research Question 6b9b26d93da94caf993c038d9efcdedb.pdf
 
History Class XII Ch. 3 Kinship, Caste and Class (1).pptx
History Class XII Ch. 3 Kinship, Caste and Class (1).pptxHistory Class XII Ch. 3 Kinship, Caste and Class (1).pptx
History Class XII Ch. 3 Kinship, Caste and Class (1).pptx
 
How to Configure Email Server in Odoo 17
How to Configure Email Server in Odoo 17How to Configure Email Server in Odoo 17
How to Configure Email Server in Odoo 17
 
ECONOMIC CONTEXT - LONG FORM TV DRAMA - PPT
ECONOMIC CONTEXT - LONG FORM TV DRAMA - PPTECONOMIC CONTEXT - LONG FORM TV DRAMA - PPT
ECONOMIC CONTEXT - LONG FORM TV DRAMA - PPT
 
How to Make a Pirate ship Primary Education.pptx
How to Make a Pirate ship Primary Education.pptxHow to Make a Pirate ship Primary Education.pptx
How to Make a Pirate ship Primary Education.pptx
 
Employee wellbeing at the workplace.pptx
Employee wellbeing at the workplace.pptxEmployee wellbeing at the workplace.pptx
Employee wellbeing at the workplace.pptx
 
Meghan Sutherland In Media Res Media Component
Meghan Sutherland In Media Res Media ComponentMeghan Sutherland In Media Res Media Component
Meghan Sutherland In Media Res Media Component
 
Computed Fields and api Depends in the Odoo 17
Computed Fields and api Depends in the Odoo 17Computed Fields and api Depends in the Odoo 17
Computed Fields and api Depends in the Odoo 17
 
Model Call Girl in Tilak Nagar Delhi reach out to us at 🔝9953056974🔝
Model Call Girl in Tilak Nagar Delhi reach out to us at 🔝9953056974🔝Model Call Girl in Tilak Nagar Delhi reach out to us at 🔝9953056974🔝
Model Call Girl in Tilak Nagar Delhi reach out to us at 🔝9953056974🔝
 
ECONOMIC CONTEXT - PAPER 1 Q3: NEWSPAPERS.pptx
ECONOMIC CONTEXT - PAPER 1 Q3: NEWSPAPERS.pptxECONOMIC CONTEXT - PAPER 1 Q3: NEWSPAPERS.pptx
ECONOMIC CONTEXT - PAPER 1 Q3: NEWSPAPERS.pptx
 

ITS 832 CHAPTER 5FROM BUILDING A MODEL TO ADAPTIVE ROBUST DE.docx

  • 1. ITS 832 CHAPTER 5 FROM BUILDING A MODEL TO ADAPTIVE ROBUST DECISION MAKING USING SYSTEMS MODELING INFORMATION TECHNOLOGY IN A GLOBAL ECONOMY DR. JORDON SHAW INTRODUCTION • Systems modeling • Focus on decision making abilities • Legacy System Dynamics (SD) modeling • Recent innovations • What the future holds • Examples SYSTEMS MODELING • Dynamic complexity • Behavior evolves over time • Modeling methods • System Dynamics(CD) • Discrete Event Simulation(DES) • Multi-actor Systems Modeling(MAS)
  • 2. • Agent-based Modeling (ABM) • Complex Adaptive Systems Modeling(CAS) • Enhanced computing supports model based decision making • Modeling and simulation has become interdisciplinary • Operation research, policy analysis, data analytics, machine learning, computer science LEGACY SYSTEM DYNAMICS MODELING • 1950s – Jay W. Forrester • Primary characteristics • Feedback effects – dependent on their own past • Accumulation effects – building up intangibles • Behavior of a system is explained • Casual theory – model generates dynamic behavior • Works well when • Complex system responds to feedback and accumulation RECENT INNOVATIONS • Detailed list of individual innovations • Deep uncertainty • Analysts do not know or cannot agree on • Model • Probability distributions of key features • Value of alternative outcomes
  • 3. • Two primary evolutions • Smarter methods (Data Science) • Usability/accessibility advances WHAT THE FUTURE HOLDS • Better models • More data (“Big Data”) • Social media • Advanced capabilities for • Hybrid modeling • Simultaneous modeling MODELING AND SIMULATION EXAMPLES • Assessing the Risk, and Monitoring, of New Infectious Diseases • Simple systems model with deep uncertainty • Integrated Risk-Capability Analysis Under Deep Uncertainty • System-of-systems approach • Policing Under Deep Uncertainty • Smart model-based decision support system
  • 4. SUMMARY • Modeling has long been used with complex systems • Recent evolutions have advanced modeling • Increase computing power • Social media and Big data • Sophisticated analytics • Multi-method and hybrid approaches are now feasible • Continued move into interdisciplinary study • Advanced modeling for complex systems