END4400 System Dynamics Week 1 Overview
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Questions and Answers

What type of models aim to find the 'optimum' decision under a set of constraints to maximize or minimize 'objective function(s)'?

Prescriptive models

In what type of models can change occur at any time point, such as air temperature, humidity, or population?

Continuous models

What type of models describe how variables interact and how problems are generated, but do not provide solutions to eliminate the problem?

Descriptive models

What type of models can have both continuous and discrete dynamics?

<p>System Dynamics (SD) models</p> Signup and view all the answers

What type of models use differential or integral equations to represent dynamics?

<p>Continuous-time models</p> Signup and view all the answers

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