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-
- Type:
- Document
- Date Created:
- 1993
- Collection:
- System Dynamic Society Records
- Collecting Area:
- University Archives
- Collection ID:
- ua435
- Parent Record(s):
- 23d738ba88f8333bc39725f9cb5bd0b8, f5ad87bb3e8247e3540ac1e44c6717f5, and d52b7bb9c69ffcb6558a9eb830eec657
- Description:
- This paper examines the use of a system dynamics modelling technique to enhance the contribution made by cash flow forecasts to decision makers' mental models. It is argued that by making explicit and accessible the dynamic complexity in cash flow relationships, systems dynamics can provide valuable insights for decision making puposes. By permitting the exploration of behavioural responses to perceptions about the financial position of thee business, a richer picture of the decision outcome is developed leading to changes in decision makers perceptions about the riskiness of a proposed course of action. A case study of a commercial organisation is used to illustrate these insights.