Download presentation
Published byDamian Franklin Modified over 9 years ago
1
Figures and Tables excerpted from Business Dynamics: Systems Thinking and Modeling for a Complex World Chapter 9 Dynamics of Growth_ S Shape Growth John D. Sterman Massachusetts Institute of Technology Sloan School of Management Figures and Tables excerpted from BUSINESS DYNAMICS: SYSTEMS THINKING AND MODELING FOR A COMPLEX WORLD John D. Sterman Published by Irwin/McGraw-Hill, an imprint of the McGraw-Hill Companies, Inc., 1221 Avenue of the Americas, New York, NY Copyright 2001 by the McGraw-Hill Companies, Inc. All rights reserved. The contents, or parts thereof, may be reproduced in print form solely for classroom use with provided such reproductions bear copyright notice, but may not be reproduced in any other form or for any other purpose without the prior written consent the McGraw-Hill Companies, Inc., including, but not limited to, in any network or other electronic storage or transmission, or broadcast for distance learning. Business Dynamics
2
The logistic model Figure 9-1 Top: The fractional growth rate declines linearly as population grows. Middle: The phase plot is an inverted parabola, symmetric about (P/C) = 0.5 Bottom: Population follows an S-shaped curve with inflection point at (P/C) =0.5; the net growth rate follows a bell-shaped curve with a maximum value of 0.25C per time period. Business Dynamics
3
Figure 9-2 The growth of sunflowers and the best fit logistic model
Business Dynamics
4
Dynamics of epidemic disease
Influenza epidemic at an English boarding school, January 22-February 3, 1978. The data show the number of students Confined to bed for influenza at any time (the stock of symptomatic individuals). Epidemic of plague, Bombay, India Data show the death rate (deaths/week). Figure 9-3 Dynamics of epidemic disease Sources: Top: British Medical Journal, 4 March 1978, p. 587; Bottom: Kermack and McKendrick (1927, p. 714). For further discussion of both cases, see Murray (1993). Business Dynamics
5
Structure of a simple model of an epidemic
Figure 9-4 Births, deaths, and migration are omitted so the total population is a constant, and people remain infectious indefinitely. Business Dynamics
6
Structure of the SIR epidemic model
IR=(ciS)(I/N) N is total population N=S+I Figure 9-5 People remain infectious (and sick) for a limited time, then recover and develop immunity. Business Dynamics
7
Figure 9-6 Simulation of an epidemic in the SIR model
Figure 9-6 Simulation of an epidemic in the SIR model. The total population is 10,000. The contact rate is 6 per person per day, infectivity is 0.25, and average duration of infectivity is 2 days. The initial infective population is 1, and all others are initially susceptible. Business Dynamics
8
Epidemic dynamics for different contact rates
Figure 9-7 The contact rate is noted on each curve; all other parameters are as in Figure 9-6. Business Dynamics
9
Figure 9-8 Dependence of the tipping point on the contact number and susceptible population
Business Dynamics
10
Figure 9-9 Successive epidemic waves created by increasing contact rate
Business Dynamics
11
Figure 9-10 Mad cow disease—the epidemic of BSE in the United Kingdom
Source: UK Ministry of Agriculture, Fisheries, and Food. Business Dynamics
12
Quarter-Year Figure 9-11 Incidence and mortality of AIDS in the US
Source:: US Centers for Disease Control and Prevention. HIV/AIDS Surveillance Report, Midyear 1997 edition, vol. 9 (no. 1), figure 6 and caption, p. 19. Business Dynamics
13
Figure 9-12 Prevalence of AIDS in the United States
Source:: US Centers for Disease Control and Prevention. HIV/AIDS Surveillance Report, 1996, vol. 8 (no. 2), p. 1. Business Dynamics
14
Figure 9-13 Adoption of a new idea or product as an epidemic
Business Dynamics
15
Figure 9-14 Sales of the Digital Equipment Corporation VAX 11/750 in Europe
Top: Sales rate (quarterly data at annual rates). Bottom: Cumulative sales (roughly equal to the installed base). Business Dynamics
16
Figure 9-15 Fitting the logistic model of innovation diffusion
Business Dynamics
17
Figure 9-16 Fitting the logistic model to data for US cable TV subscribers
Business Dynamics
18
Figure 9-17 Predicted cable subscribers differ greatly depending on the growth model used.
Business Dynamics
19
Figure 9-18 The Bass diffusion model
Business Dynamics
20
Figure 9-19 The Bass and logistic diffusion models compared to actual VAX sales
Business Dynamics
21
Figure 9-20 Modeling product discard and replacement purchases
Business Dynamics
22
Figure 9-21 Behavior of the Bass model with discards and repurchases
Business Dynamics
23
Figure 9-22 Modeling repeat purchases
Figure Modeling repeat purchases. Total sales consist of initial and repeat purchases. Each potential adopter buys Initial Sales per Adopter units when they first adopt the product and continues to purchase at the rate of Average Consumption per Adopter thereafter. Business Dynamics
24
Figure 9-23 Behavior of the repeat purchase model
Business Dynamics
Similar presentations
© 2025 SlidePlayer.com. Inc.
All rights reserved.