1) Physical models
•Three dimensional representation such as
a scale model
2) Narrative models
•Spoken or written
3) Graphic models
•Abstraction of lines, symbols, or shapes
4) Mathematical models
•Equation(s)
A Graphic Model of the
Economic Order Quantity Concept
Uses
of Models
•All four models facilitate understanding
and communication.
•The mathematical model also helps predict
the future.
The General Systems Model
•Graphic diagram with an accompanying
narrative that depicts all organizations in a general way using a systems
framework
•The Physical System
•Material flow
•Personnel flow
•Machine flow
•Money flow
The Conceptual System
The Conceptual System
•Open-loop systems
•Closed-loop systems (feedback loop)
•Management control
•The information processor
A Sales Report of
Fast-Moving Products
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