Jay W. Forrester

Thinkers1918 to 2016Systems scientist

Works

  • Industrial Dynamics, MIT Press, 1961
  • Market Growth as Influenced by Capital Investment, Industrial Management Review 9, no. 2, 1968

In Thinking Tools

Known for

An MIT engineer and management theorist who founded system dynamics, the modeling of organizations as stocks, flows, and feedback loops with delays. Industrial Dynamics drew on a study of Sprague Electric and gave the first account of what is now called the bullwhip effect.

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