An attempt to operationalize the recommendations of the ‘limits to growth’ study to sustain the future of mankind

System dynamics models for decision making in product multiple lifecycles

“…One of the important conclusions drawn from 'the world model' regarding material scarcity is, no matter which policies we may adopt the material resources will run out as the physical size of the world is finite. The work of Meadows et al (1992) and Acharya and Saeed (1996) are few of the improved and supplementary versions of the world model which were developed later. As a well celebrated and cited (almost 13,000 times) work the outcomes of the world model have been validated through regular updates i.e.…”

Sustainability in electrical and electronic equipment closed-loop supply chains: A System Dynamics approach

“…One year later Meadows et al developed a global SD model focused on the ''Limits'' of the resource usage and the unsustainability of the modern way of life [17]. Then Acharya and Saeed developed an SD model based on the original ''Limits'' study [18], which includes regeneration of resources through energy input system and recycling activities. Wils compares the effects of different types of technology improvements on natural resource use [8].…”

Jay Forrester's operational approach to economics

“…Its aggregate structure was bounded to highlight an impending problem whose awareness did not exist. It was not designed to offer operational policy recommendations for environmental sustainability, although it amply led to further work for creating them (Acharya and Saeed, 1996;Saeed, 2004Saeed, , 2013b). An operational perspective was thus clearly the foundation of Forrester's work in the tradition of Mill's premise of practice preceding theory (Mill, 1848), which emerged from his close association with the practitioners.…”