Faculty Advisor

Saeed, Khalid.

Abstract

A system dynamics model is presented of an oscillating R & D process that is driven by resource estimation and allocation mechanisms. We consider the R & D process as a sequence of staged activities whose goal is to deliver new products to the market. These new products generate revenue which feeds back into the R & D process fueling progress. We review the behavior of our system under a range of conditions and design policies that reduce the observed oscillatory behavior.

Publisher

Worcester Polytechnic Institute

Date Accepted

January 2001

Major

System Dynamics

Project Type

Major Qualifying Project

Accessibility

Restricted-WPI community only

Advisor Department

Social Science and Policy Studies

Advisor Program

Social Science and Policy Studies

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