RunTheModel - TREND

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Application area: Mathematics

Simulation method: System Dynamics

Tags: function sterman's book maths

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TREND

The TREND function developed in chapter 16. Models the formation of growth expectations from the past history of an input time series.
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 / Mathematics