In a system, a supply chain for example, stocks, such as inventory, accumulate. Inventory, of course, serves as a buffer between components of the supply chain and carries with its associated costs. Causal loops, of and by themselves, do not account for this. Hence, we need stocks and flows. *******For this essay, describe the stocks and flows of the system described in the attached paper “Module 4 Structure and behavior of Dynamic Systems” specifically the Nokia example.***** Please use the attached “Chapter 6” Document as a reference and may use additional resources/references to expand on the essay. Must cite all sources.
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