Jay Wright Forrester
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Jay Wright Forrester was an American computer engineer, management theorist and systems scientist. He spent his entire career at Massachusetts Institute of Technology, entering as a graduate student i
Project Whirlwind core memory, circa 1951
Bullwhip effect
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The bullwhip effect is a supply chain phenomenon where orders to suppliers tend to have a larger variability than sales to buyers, which results in an amplified demand variability upstream. In part, t
Jay Wright Forrester
…computer graphics, a "jumping ball" on an oscilloscope. Later, Forrester was a professor at the MIT Sloan School of Management, where he introduced the Forrester effect describing fluctuations in supply chains. He has been credited as a founder of system dynamics, which deals with the simulation of interactions between…
Bullwhip effect