4.2.5 Determine Project And Simulation Settings
For this module, project and simulation settings are defined in Table 4-3.
The project and simulation settings are expected to remain the same for all modules, sectors (if built) and the completed model.
Table 4-3. Project and Simulation Settings
Project / Simulation Settings | Detail | Comment |
|---|---|---|
Calendar | Bank | 12 months at 30 days. |
Time Unit | 1 qtr | |
Time has unit | Yes | |
Timestep | 1 qtr | A suggested ‘Rule-of-Thumb’ is to set the timestep between one-fourth and one-tenth the size of the smallest time constant in the model (Sterman, 2000: 907). The smallest time constants are x and y personnel per year for Migrating-in and Migrating-out respectively. This suggests timestep should be one quarter of a year, or less. |
Start time | 1 July 2005 | |
Stop time | 1 July 2015 | |
Integration Order | 1st order Euler, fixed step |
References
- Sterman, J.D., 2000, Business Dynamics: Systems Thinking and Modelling for a Complex World, Irwin McGraw-Hill.