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Faculty Aging Chain

Illustrates the dynamics of aging chains with the example of a university, tracking the hiring, promotion, and termination of faculty from assistant to associate to full professor. See section 12.1.6.
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 / Education