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SIMIODE Spring 2024 Webinars - Insightmaker
We discuss the use of the FREE system dynamics software Insightmaker (https://insightmaker.com/) in a first course in Ordinary Differential Equations (with a modeling emphasis).
modeling
simulation
Software
python
systems
InsightMaker
flow
Category Theory
stock
stock-flow
Modeling Scenario
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1-109-EmployeeAttrition-ModelingScenario
This scenario models the loss of employees and the employer's attempt to retain them through stock options. It most naturally is solved with a first-order linear decay model with two populations.
population
linear growth
decay
employee
attrition
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