CYCLETIME
Posted: Tue Feb 13, 2007 8:55 am
A feature that I use a great deal in ithink is CYCLETIME. This function calculates how long it takes entities to flow through one or more sequential stock-flows on a FIFO basis. The flow where material enters the chain is 'time stamped' and then the CYCLETIME function is applied to outgoing flow to capture the time it spent in the system between these two flows.
It is critical for situations where controlling variables are dictated by leadtime, for example resources needed to complete an aerospace programme using Earned Value calculations.
I am very keen to convert models with this feature into Vensim. Is there an equivalent function and please point me to the documentation that tells me how to use it
Many thanks
Roger
It is critical for situations where controlling variables are dictated by leadtime, for example resources needed to complete an aerospace programme using Earned Value calculations.
I am very keen to convert models with this feature into Vensim. Is there an equivalent function and please point me to the documentation that tells me how to use it
Many thanks
Roger