Reference #324: Thinking in Systems

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Stocks allow for independent and decoupled inflows and outflows. This can provide certainty, continuity, and predictability of many systems even when flows vary in the short term.

For example, a reservoir enables residents to live without constantly adjusting to a river's varying flow. Product inventories along a supply chain allow both for smooth production despite varying customer demand and for fulfilment of customer demand despite varying production rates.


Meadows. Thinking in Systems, 2008. (24)

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