Classification of Models
Classification of Models
Advantages of a Model
Models by function
These models consist of (a) Descriptive models (b) Predictive models and (c) Normative
models.
Descriptive models: They describe and predict facts and relationships among the various
activities of the problem. These models do not have an objective function as part of the model
to evaluate decision alternatives. In these models, it is possible to get information as to how
one or more factors change as a result of changes in other factors.
Normative or optimization models: They are prescriptive in nature and develop objective
decision-rule for optimum solutions.
Models by structure
(a) Iconic models (b) Analogue models, and (c) Mathematical or symbolic models.
Iconic or physical models: They are pictorial representations of real systems and have the
appearance of the real thing. An iconic model is said to be scaled down or scaled up
according to the dimensions of the model which may be smaller or greater than that of the
real item, e.g., city maps, houses blueprints, globe, and so on. These models are easy to
observe and describe, but are difficult to manipulate and are not very useful for the purpose
of prediction.
Analog models: These are more abstract than the iconic ones for there is no look alike
correspondence between these models and real life items. The models in which one set of
properties is used to represent another set of properties are called analog models. After the
problem is solved, the solution is reinterpreted in terms of the original system. These models
are less specific, less concrete, but easier to manipulate than iconic models.
Mathematic or symbolic models: They are most abstract in nature. They employ a set of
mathematical symbols to represent the components of the real system. These variables are
related together by means of mathematical equations to describe the behaviour of the system.
The solution of the problem is then obtained by applying well developed mathematical
techniques to the model. The symbolic model is usually the easiest to manipulate
experimentally and it is the most general and abstract. Its function is more explanatory than
descriptive.
These models can be further classified into (a) Deterministic models and (b) Probabilistic
models.
Deterministic models: They are those in which all parameters and functional relationships
are assumed to be known with certainty when the decision is to be made. Linear
programming and break-even models are the examples of deterministic models.
Probabilistic or stochastic models: These models are those in which atleast one parameter
or decision variable is a random variable. These models reflect to some extent the complexity
of the real world and the uncertainty surrounding it.
These models can be further categorized into (a) Specific models (b) General models
When a model presents a system at some specific time, it is known as a specific model. In
these models, if the time factor is not considered, they are termed as static models. An
inventory problem of determining economic order quantity for the next period assuming that
the demand in planning period would remain same as that of today is an example of static
model. Dynamic programming may be considered as an example of dynamic model.
Simulation and Heuristic models fall under the category of general models. These models are
used to explore alternative strategies which have been overlooked previously.