.BusinessSimulation.Examples.SimpleProductionChainIII

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

Contents

Name	Description
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.