How to have a mi value for a level?

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niloofar80
Junior Member
Posts: 5
Joined: Thu Jan 21, 2016 6:21 pm
Vensim version: PLE

How to have a mi value for a level?

Post by niloofar80 »

I have a level for price and a rate going to that for change in price( which can be either positive or negative). because the demand to supply ratio is decreasing over time the price is approaching zero. I want to have a min value for the level(price) which shows that the product wouldn't be sold at price less that the production cost.this is what actually happens in reality in this case. I was trying to see how I can have a IF Then Else in a level but I am a bit stuck, any help plz?
LAUJJL
Senior Member
Posts: 1427
Joined: Fri May 23, 2003 10:09 am
Vensim version: DSS

Re: How to have a mi value for a level?

Post by LAUJJL »

Joined a simplistic model that limits price decrease to its minimum.

When using the synthesim you will see that the price never gets Under its minimum.

Regards.

JJ
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niloofar80
Junior Member
Posts: 5
Joined: Thu Jan 21, 2016 6:21 pm
Vensim version: PLE

Re: How to have a min. value for a level?

Post by niloofar80 »

Thanks a lot.
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