SimpleProductionChainIIIFurther extending the first example to explain new product diffusion |
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Diagram
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 (2)
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modelOutput |
Type: ModelOutput |
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bus |
Type: DataBus Description: Expandable connector for multiple data signals (input/output) |
Components (13)
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modelSettings |
Type: ModelSettings Description: Setting important global variables within a model |
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inventory |
Type: MaterialStock Description: Finished goods inventory |
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shipping |
Type: Transition Description: Shipments to the customers |
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producing |
Type: Growth Description: Production of a durable good |
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installedBase |
Type: DelayN Description: Products in use |
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scrapping |
Type: OutflowDynamicStock Description: Discarding of products (which will be replaced by new ones) |
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cloud1 |
Type: Cloud Description: Reservoir (stock/level) with an infinite capacity |
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totalOrders |
Type: Add_2 Description: Sum of two inputs |
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potCustomers |
Type: MaterialStock Description: Potential customers |
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wordOfMouth |
Type: Diffusion Description: Bass diffusion model for a word-of-mouth process |
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customers |
Type: MaterialStock Description: Initial customers (early adopters) |
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productionPlanning |
Type: FirstOrderStockAdjustment Description: Maintain a stock at a desired level |
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desiredInventory |
Type: ConstantConverter Description: A constant value is turned into a constant signal |
Revisions
- Updated plot and changed type to
AmountRatefor reported flows in v2.0.0. - Unit modification for
wordOfMouth.fractionalAdoptionRateshould have been a modification ofdisplayUnit; fixed in v2.2.