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About Dynamic Forecasting All we know is what has happened, and even then not always clearly. What would have been or what will be are unknowns to us all. There are no crystal balls in this world.Keith Eubanks Nevertheless, the future requires us to plan and invest. We make our best estimates, however uncertain, and proceed. We believe that a better understanding of system behavior can substantially improve future performance. Dynamic Forecasting brings dynamic simulation to the forefront of business and market analysis. Firms and markets are not static in nature. They are highly dynamic. By dynamic we mean that firms and markets change over time: prices, capacity, supply, and demand all change as the days, weeks, months and years march forward. Some changes are gradual and smooth, some oscillatory, and others highly erratic or random. Dynamic Forecasting looks at the dynamic nature of business: what drives a firm or market to change over the course of time. Our area of expertise is the field of System Dynamics, a modeling technique developed at MIT that applies concepts from feedback control theory to better understand system behavior. Typically, we develop custom simulation models for one of two purposes: 1) to explore the interaction of a firm and the marketplace, with a variety of firm strategies and market environments, or 2) to simply to forecast future market behavior. For a better dynamic understanding of the world, contact us at Dynamic Forecasting. |
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Copyright 2005, Dynamic Forecasting |
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