Chapter 1, Problem 5CE

A)

Explanation of Solution

Systems Thinking:

System thinking is a management discipline which involves identifying and understanding the components of a system and modeling the system by connecting the input and output of the components.

Importance of Systems thinking to business professionals:

• Business people often face situati...

B)

Explanation of Solution

Systems thinking and Moore’s law:

Moore’s Law:

Moore’s Law is coined by Gordon Moore, the co-founder of Intel Corporation, which states that the since the integral circuit has been invented, the number of transistors per square inch in it has been doubled every two years. As the computers are getting exponentially faster, the cost of data processing is approaching zero.

System thinking to explain the reasons for which the farmer digs up a field of pulpwood trees:

• In the production of paper the input are the pulpwood trees...

C)

Explanation of Solution

Systems thinking with regard to consequences of Bell’s Law, Moore’s law or Metcalf’s Law:

Bell’s Law:

Bell’s Law is coined by Gordon Bell in 1972, which states that in every decade a new computer class is formed which establishes a new industry.

• As said by Gordon Bell digital devices will be evolved very quickly and this will enable new platforms and industries in every 10 years, one can use system thinking to deduce that currently the market is run by products of smart phones, tablets and smart watches.
• In next 10 years new wearable technological devices with implementation of augmented reality and virtual reality may rule the market.

Moore’s Law:

Moore’s Law is coined by Gordon Moore, the co-founder of Intel Corporation, which states that the since the integral circuit has been invented, the number of transistors per square inch in it has been doubled every two years. As the computers are getting exponentially faster, the cost of data processing is approaching zero...

D)

Explanation of Solution

Jennifer’s failure to display system thinking:

• Jenifer failed to display system thinking skills as for the firms supply chain Flextime she was unable to create a model which could have been beneficial for her to understand about the operations ...

E)

Explanation of Solution

Ways by which people can improve their system thinking skills:

“Yes”, system thinking can be improved as system thinking skills are correlated with IQ which is dependent on visual and auditory skills...