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Diffusion of Product Using Intelligent System Dynamic Modeling

JUET Research Journal of Science & Technology

Volume 5 Issue 1

Published: 2019
Author(s) Name: Vinay K. Jain, Neha Jain, Suryakant, Ravindra K. Kushwah and Deepak Kumar Jain | Author(s) Affiliation: Department of CSE, Jaypee University of Engineering & Technology, Guna, Madhya Pradesh, India.
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Abstract

System dynamics modeling is the strategy of developing and running a model of a conceptual framework keeping in mind the end goal to contemplate its behavior without troublemaking the earth of the genuine system. This paper makes an endeavor to bring system dynamic displaying approach for new product launch inquire about and gives a stage that can be effortlessly reached out to research complex associations of different components affecting new product launch. Further, by formalizing the information stream in new item dispatch, this examination speaks to why and how ground-breaking philosophies beat static ones, revealing basic bits of information of the conduct of dynamic dispatch techniques. The model can similarly be used as a “flight simulator” in administrative preparing to enable new product chiefs to comprehend the dynamic communications among various components of new product launch.

Keywords: Bass model, Diffusion of innovation, Simulation, System dynamics.

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