How to have a mi value for a level?
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- Junior Member
- Posts: 5
- Joined: Thu Jan 21, 2016 6:21 pm
- Vensim version: PLE
How to have a mi value for a level?
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?
Re: How to have a mi value for a level?
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
When using the synthesim you will see that the price never gets Under its minimum.
Regards.
JJ
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- price.mdl
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- 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?
Thanks a lot.