Abstract

ABSTRACT This paper presents a decision-support methodology to support the development and assessment of military asset and resource strategies. The methodology is built around a system dynamics model that allows users to examine the performance of a strategy over time. The novelty of the model lies in its flexibility and ability to address questions about asset planning from both holistic and lifecycle viewpoints. From the user perspective, the decision-support methodology is structured around three phases: (1) Design an asset management strategy, (2) Evaluate strategy using system dynamics simulation model, and (3) Generate performance indicators and analyse results. The methodology is developed and used in a real case study to support the modernisation of the Australian Defence Force. This paper demonstrates that system dynamics offers useful methods to study the dynamics of supply-demand, and support the development of systemic asset and resource management strategies.

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