Question: ( a ) In many product markets, availability is a key competitive variable, and companies control production based on inventory adequacy and delivery delay. Draw
a In many product markets, availability is a key competitive variable, and companies control
production based on inventory adequacy and delivery delay. Draw a causal loop diagram to
represent this system that includes the following variables: Orders, Inventory, Product
Attractiveness, Backlog of Unfilled Orders, Product Availability, Desired Production, and
Production. Add Delays when necessary. Also mark the polarities and of the relationships
and the nature of the feedback loops ie balancing or reinforcing, with a B and R Assume any
additional information that is not provided.
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