First order feedback system Exercise [30 pts]
This is an individual assignment. It is important that you give much thought to this assignment and come up with your own unique example.
Find one example of first-order reinforcing feedback system or balancing feedback-system.
Do not use the example from the class or from the textbook. Come up with your own.
For example, if you change the population model to a rabbit population model or a chicken population model, that’s not going to work.
Observe the system around you. The key is to recognize first order feedback systems around you.
Using Vensim, build the model. Refer to the Generic Structures discussed in the Virtual Classrooms (First Experience with Simulation Part 1 and Part 2).
Don’t build a complicated model. We haven’t covered anything beyond the generic structures. Stay close to the given structures and apply them to your example.
Don’t forget to set the appropriate time frame.
Don’t forget to define units.
Don’t forget to set the initial value of your stock.
Submit your Vensim Model (MDL file) via Blackboard.
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