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Although causal loop diagrams are wonderfully useful in many situations, they suffer from a number of...

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Operations Management

Although causal loop diagrams are wonderfully useful in manysituations, they suffer from a number of limitations and can beeasily abused. One of the most important limitations of causaldiagrams is their inability to capture the stock and flow structureof systems. Stocks and flows, along with feedback, are the twocentral concepts of dynamic systems theory.

.         Explain whatis meant by stock and flow and support your answer with examples. (700 WORDS)

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4.0 Ratings (393 Votes)
STOCK FLOW STOCK FLOW TERM CAN BE EXPLAINED IN VARIOUS FIELD LIKE IN ECONOMICSBUSINESSACCOUNTING ETC IN SIMPLE WORDS STOCK IS THE PRESENT QUANTITY WHICH IS IN OUR HAND AND FLOW MEANS THE QUANTITY WHICH HAVE A FLOW OCCURRED BY REMAINING STOCK IN CASE OF TRADING BUSINESS STOCK MAY BE THE QUANTITY OF ITEMS REMAINING IN OUR HAND AFTER    See Answer
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