Behavioral Data

Overall model structure can be populated with individual simulation agents, each having specific characteristics and behavior rules. For example, Capacity in this industry might be in the form of a small number of individual production facilities. The Dynamic Model could use an agent-based approach to show the behavior of each plant individually, as well as apply specific behavior rules for each plant’s decision regarding operating rate. In an agent-based model, activities such as capacity coming online become discrete events rather than continuous flows of activity.

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