More Simultaneous Equations
Posted: Thu May 21, 2009 12:10 pm
Greetings!
I seem to be having more problems....
Attached is a management consultancy problem (Coyle, Practical Approach to SD, P.157)
1. I get simultaneous equations (problem areas marked in red) if I use the initial state / level values given in the problem.
2. I also get simultaneous equations if try and start the problem in steady state! I always try to initialize the steady state in the same manner as the Vensim Modeling Guide suggests (Chapter 5). Wilson (at Vensim) had previously suggested inputting a steady state value instead of a formula, but how and why should that make a difference?
I apologize for bothering you with this, but I really do need to understand why I am making these mistakes.
Best.
Karan
I seem to be having more problems....
Attached is a management consultancy problem (Coyle, Practical Approach to SD, P.157)
1. I get simultaneous equations (problem areas marked in red) if I use the initial state / level values given in the problem.
2. I also get simultaneous equations if try and start the problem in steady state! I always try to initialize the steady state in the same manner as the Vensim Modeling Guide suggests (Chapter 5). Wilson (at Vensim) had previously suggested inputting a steady state value instead of a formula, but how and why should that make a difference?
I apologize for bothering you with this, but I really do need to understand why I am making these mistakes.
Best.
Karan