isee systems, formerly High Performance Systems
the world leader in systems thinking software
 
Intermediate Dynamic Modeling with STELLA and iThink
Hosts: isee systems
Lexidyne, LLC
Dates: October 7-8, 2010
Location:

The Westin Providence
Providence, Rhode Island

Course Fee: $1,500
Class Size: Limited enrollment
to ensure instructor
attention
Steve Peterson - February 2006 Workshop

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Overview

Designed for experienced modelers or those who have already participated in our introductory course, this workshop has been created with the following goals in mind:
  • Building practical skills in the application of dynamic modeling to real-world business issues
     
  • Developing expertise with advanced features of STELLA and iThink
     
  • Making significant progress on individual or group projects

This two-day workshop is case-based, focused, and very hands-on.  Faculty will use a wide variety of case studies as vehicles for addressing key dynamic modeling topics and advanced software functionality.  Participants will have ample time to work on projects of their own choosing, with instructors available for conceptualization, implementation and/or technical assistance.

Extend your dynamic modeling skills and take your knowledge to the next level with this exciting new training offering.

 
EventPriceQty 
Intermediate Dynamic Modeling with STELLA and iThink$1,500.00 Add to Cart
 

Cases, Dynamic Modeling Themes and Key Software Topics

Case Study      Themes      Software Topics
Price & Inventory Dynamics
  • Feedback loops
  • Oscillation
  • Graphical functions
  • Importing data
  • Integration methods
  • Units of measure
Supply Chains
  • Ordering decision rules
  • Bullwhip effect

  • Random functions
  • Comparative graphs & tables
Bass Diffusion & Adoption Dynamics
  • Influence mechanisms
  • Initial purchase vs. repurchase
  • Supply constraints

  • Sensitivity analysis
  • Monte Carlo simulations
  • Interface creation
Customer Acquisition & Retention
  • Customer lifetime value
  • Acquisition costs
  • Financial scorekeeping
  • Extreme condition tests (pulse & step functions)
  • Arrayed variables
Process Dynamics & Manufacturing
  • Capacity
  • Bottlenecks
  • Resource allocation
  • Discrete vs. continuous modeling
  • Conveyors
  • Queues
  • Ovens
  • Ordered delays
  • DT
Human Resources
  • Steady–state equilibrium
  • Co-flow attribute tracking
  • Analytic initialization
  • Output options
  • Exporting data

About the Faculty 

Intermediate Dynamic Modeling with STELLA and iThink is taught by three of the premier minds in systems dynamics and modeling: Mark Paich, Steve Peterson and Corey Peck . Together they bring over 60 years of teaching and practical experience to class. Examples from real engagements with clients in automotive, telecommunications, technology, financial services, pharmaceuticals, government, aerospace, education, not for profit, and fine arts markets help guide discussions.

Mark, Steve and Corey are principals at Lexidyne, LLC, a leading provider of dynamic modeling consulting and training services.

Mark Paich has over 20 years of teaching experience at Colorado College and MIT. He is widely recognized as one of the leading practitioners of dynamic modeling. His work with General Motors has been widely published and, in 2002, was honored with 2nd place in the Edelman Competition for best work in operations research and management science. He earned a doctorate in Systems Dynamics from MIT and master’s degree in economics from the University of Colorado.

Steve Peterson has taught countless dynamic modeling classes and workshops. Much of his 20+ years of dynamic modeling experience was gained at High Performance Systems where he was instrumental in the design and development of STELLA and iThink. In addition to numerous clients in industry, Steve’s clients include the US Army, US Coast Guard, and US Department of Energy. Steve holds a BA from Colorado College and master’s degree from the Thayer School of Engineering at Dartmouth College.

Corey Peck is the Managing Director of Lexidyne, LLC. He has guided Lexidyne to a position of market leadership in the pharmaceutical industry where clients include Bristol-Myers Squibb and Centocor. His work has provided the content for research publications including Net Gain: Expanding Markets Through Virtual Communities (Harvard Business School Press, 1997) and Net Worth (Harvard Business School Press, 1999). With Mark Paich he co-authored Pharmaceutical Product Strategy: Using Dynamic Modeling for Effective Brand Planning (CRC Press, 2004). Corey earned a BA in economics from Colorado College.

 
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