modelSimpleProductionChainIII

Further extending the first example to explain new product diffusion
Diagram of SimpleProductionChainIIIOpen the diagram
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Extends from Icons.Example (Icon for an example).

Information

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In this final extension of the introductory SimpleProductionChain, we have replaced the Ramp component for the first-time purchases with a model of new product diffusion.

We are assuming that there are 10 initial customers and a stock of 250'000 potential customers that will be turned into customers by "word-of-mouth" processes—for now we will assume that there is no growth or decline with regard to this potential. Each customer will meet 10 other persons at a constant contactRate per month and the adoptionFraction is assumed to be 2%.

Model Output
  • Potential customers and customers during the simulation.

  • The current inventory and the installed base.

  • The current rates of producing, shipping, and scrapping.

See also

Tutorial.StrategicBusinessSimulation, SimpleProductionChain, SimpleProductionChainII, Diffusion

Connectors

TypeNameDefaultDescription
ModelOutputmodelOutput

Components

TypeNameDefaultDescription
ModelSettingsmodelSettings

Contents

NameDescription
ModelOutput

Revisions

  • Updated plot and changed type to AmountRate for reported flows in v2.0.0.

  • Unit modification for wordOfMouth.fractionalAdoptionRate should have been a modification of displayUnit; fixed in v2.2.