5 Questions
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?
System Dynamics (SD) models
What type of models use differential or integral equations to represent dynamics?
Continuous-time models
This quiz covers the basics of System Dynamics, including key definitions and examples of complex problems in various areas like economics, environment, and public health. Topics include economic growth, environmental challenges, COVID-19 pandemic dynamics, and factors leading to the collapse of companies.
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