.BusinessSimulation.SourcesOrSinks.LogisticGrowth

Information

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LogisticGrowth describes the growth of some population that is limited by the availability of some finite resource. While the population starts to grow exponentially at first at a given fractional rate of growth (either given by the constant parameter r or by the time-variant input u[1]), its growth rate will continously diminish until the population reaches its sustainable level (either given by the constant parameter K or the time-variant input u[2]), which is called the carrying capacity.

The rate of inflow to a connected stock is given by the so called Verhulst equation:

dx/dt = r x ( 1 - x/K )

 The diagram below shows the s-shaped growth for a population x for different rates of growth:

LogisticGrowth for Different Rates r (x0 = 0.1)
Plot.svg

Notes

Acknowledgements

The logistic growth equation is originally due to the Belgian mathematican Pierre-François Verhulst (1804 - 1849).

Contents

NameDescription
CapacityTypeType for carrying capacity K

Revisions


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