Narchal, R.M., "A Simulation Model for Corporate Planning in a Steel Plant", 1985
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A Simulation Model for Corporateing Planning has been designed for a Steel Plant based on System Dynamics principles. This Model has been designed for Material flow that takes place through a group of 12 production shops arranged in six stages of production. The Model requires a time variant input of Demand of 17 categories of finished steel products and 3 categories of Raw materials. The Model generates behaviour of various objectives based on the assumptions of the environment. The Model can be used for simulating the impact of various strategic policy decisions on the corporate objectives. The Model also guides the management in designing their long term investment policies related to expansion, modernisation and debottlenecking.