estimate my variables

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Sara T
Junior Member
Posts: 18
Joined: Thu Jun 07, 2018 7:18 am
Vensim version: PLE

estimate my variables

Post by Sara T »

Hi
I am a beginner in Vensim
Please help me to improve my knowledge
I have a variable in my model named income per customer which it ranges from $ 1,200 to $ 1,600.
I want to multiply this variable in the number of customers and estimate the revenue.
Is there any functon to range income per customer in ranges $ 1,200 to $ 1,600?
thanks
Administrator
Super Administrator
Posts: 4589
Joined: Wed Mar 05, 2003 3:10 am

Re: estimate my variables

Post by Administrator »

You could use a random distribution to do this.
Advice to posters seeking help (it really helps us to help you)
http://www.ventanasystems.co.uk/forum/v ... f=2&t=4391

Units are important!
http://www.bbc.co.uk/news/magazine-27509559
tomfid
Administrator
Posts: 3808
Joined: Wed May 24, 2006 4:54 am

Re: estimate my variables

Post by tomfid »

Or sensitivity analysis (Monte Carlo simulation).
Sara T
Junior Member
Posts: 18
Joined: Thu Jun 07, 2018 7:18 am
Vensim version: PLE

Re: estimate my variables

Post by Sara T »

Thank you.
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