Using the new XMILE Standard to run System Dynamics Models on the Web and in Mathematica
As part of our business prototyping methodology we often build System Dynamics models to help our clients make better decisions about the future of their business. Building models and experimenting with new business ideas and designs is fun – but models are only useful if you can use them to tell a story that motivates stakeholders to make decisions and take action. These stories are more than just a model – at a minimum they contain data and graphs about the business’ past and scenarios about how the business may develop in future. This post illustrates how simulation models can be embedded in powerful story-telling environments, such as websites and Wolfram Mathematica®.