RunTheModel - Capital Labor Coflow

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Capital Labor Coflow - Manufacturing

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Application area: Capital stock

Simulation method: System Dynamics

Tags: capital stock labor sterman's book

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Capital Labor Coflow

Simple model of a capital stock with a coflow to track the embedded labor requirements of each unit of capital. See section 12.2.
This AnyLogic model is based on materials from the book "Business Dynamics: Systems Thinking and Modeling for a Complex World" by John Sterman, (c) 2000 McGraw Hill.

The model was created with AnyLogic - simulation software / Capital stock