Create a quality digital presentation with no more than 12 slides (including det
Create a quality digital presentation with no more than 12 slides (including detailed speaker notes for all) that describes the dynamic system, the Causal loop diagram, and the rationale for each assumption. Each presentation will be turned in individually and should include the following:
A clear definition/introduction of the dynamic system
Causal loop diagram modeling the relationships between factors in the dynamic system.
Dynamic system model that is appropriate for the system
Use MS Excel to construct and run a model simulation. The simulation will require finding relevant data to be used in the model.
Three output graphs that display three possible outcomes from the system. For example: equilibrium and imbalance that favors one of the factors over the other.
A description of the limitations of your model, and how you could improve it
Explain why this clear explanation of the model and assumptions is needed to provide an ethical representation of the data
APA style is not required, but solid academic writing is expected. All citations must be in APA format.
This assignment uses a rubric. Please review the rubric prior to beginning the assignment to become familiar with the expectations for successful completion.
You are not required to submit this assignment to LopesWrite.
Benchmark Information
Description
This week we explore systems dynamics by picking a system, creating a causal loop diagram for the system, and analyzing the capacity/through put for the system with stock and flow.
Before you can attack this work, you must select a system. I strongly suggest you pick a simple system such as a kitchen sink. If you pick something too abstract or too complex, this will be very difficult to do.
Here are the steps:
Causal loop diagram – create a diagram that shows how the system components relate to one another, this can be done with any tool even hand drawn but must be in the form of casual loop diagram (research this on the web and look at my example links below).
Dynamic system model using a stock and flow technique – you will document inflows, stock, and outflows see info below for assistance or research on your own.
Using the model you developed, you will construct a model simulation using Excel. – (essentially you will create tables in Excel documenting the capacity of the model at different points in time (inflow, stock, outflow). Documenting these over time will allow you to create graphs (for item 4 below).
Three output graphs that display equilibrium, imbalance in favor of one component, and imbalance in favor of a second different component. – Essentially underfilled, full, and overfilled.
A description of the limitations of your model, and how you could improve it – Self-explanatory.
Here are some links to help you in your research on this topc:
Definition of a system:
https://en.wikipedia.org/wiki/System
Step by step guide to creating causal loop diagram:
Step by step guide to converting your causal loop diagram to stock and flow:
Step by step guide to stock and flow:
What is a casual loop diagram:
https://www.marketlinks.org/post/what-causal-loop-diagram-and-what-it-good
Video describing stock and flow:
Stock and Flow example:
View story at Medium.com
Stock and Flow example:
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