Topic

Systems

A collection of 16 issues

Building Blocks

Building blocks approach to breaking down complex systems and concepts is one of the simplest yet powerful ways to navigate this complex world. There are a few ways to think about blocks. Blocks can be a part of the system. The factor of split is that they form a component

Complexity Theory

Complexity theory and related concepts emerged quite recently, towards the late 20th century. Complex means diversity, multiple concurrent interdependencies between different elements of a system. Human cells in itself are a very complex system. However they can self-organize and form groups. Create variations and give rise to even more complex

Supply Chain Traceability

A supply chain is a system of activities that is required to convert raw materials to the final product spread across in time and geography. Traceability in such systems make it easier to understand what is happening at each step of the process. This is critical especially in the Food

Bad Banks

A bad bank is a bank that is set up to hold risky, problematic holdings of a banks. By doing so, the actual bank can clear them off their books. The transfer of assets take place at market price. Bad banks is a simple idea of moving away that bad

Circular Economy

Circularity is an important concept within economic systems. In an ideal world, a circular economy will have minimal waste and most of the resources will be continuously renewed and reused. This systematic approach gives equal weightage to the business and the environment. Digitalization can boost a circular economies. It provides

Decomposing a System

Systems can be decomposed in many ways. Depending on various aspects the resulting decomposition can look different. If they are divided in terms of technology, you could end up with different compartments or layers classified by the underlying technology. A system can be broken down by structure or function. Compartmental

Compartmental Models

Compartmental models is a type of mathematical model that tries to simulate events and systems by breaking them into compartments. An example of a compartmental model is the material flow in a production plant. A typical production plant would have stations that are sequentially arranged along which the product is

Tutorials

There are 2 kinds of tutorials. The first kind is the one that gives you the fish, and the second kind is the one that teaches you how to fish. During development, I have caught myself facing the same errors even after looking up a solution to a problem on

Egrodicity

Egrodicity is an idea where a point of a moving system will eventually have travelled through all parts of the space that the system moves in. Like smoke in room and it eventually filling up the room. The egrodic theorem has been used to describe common-sense phenomenon like mixing of

Sensitivity Analysis

Systems behave differently based on its environment. With differing inputs, the system can have a different set of outputs. Sensitivity analysis is a way by which we can analyze the effect of individual inputs on a system. Sensitivity analysis helps us understand which inputs have more effect on the system