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Date
Relevance
Modeling Scenario
301
views
135
downloads
0
comments
1-118-SolowEconomicGrowth-ModelingScenario
Students construct and analyze the celebrated Solow-Swan model of economic growth theory. The project is divided into three sequential parts to teach students to understand, develop, and analyze a simple nonlinear model of economic dynamics.
optimization
economics
steady state
growth
Solow-Swan model
capital
production
labor
Golden Rule of Economic Growth
Modeling Scenario
314
views
216
downloads
0
comments
1-003-CollegeSavings-ModelingScenario
We present a modeling opportunity for students in which they have to plan and model for saving for a child's complete college education.
college
savings
interest rate
college cost
sensitiviyty
Modeling Scenario
204
views
178
downloads
0
comments
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
Modeling Scenario
678
views
229
downloads
0
comments
5-026-Evictions-ModelingScenario
In this project, students develop two SIS models to study eviction trends in a population of non-homeowner households using an actual eviction rate. Students can calculate solutions, sketch the phase portrait, and determine long-term trends .
carrying capacity
compartment
eviction
homeowner
SIS model
homelessness
Modeling Scenario
345
views
343
downloads
0
comments
1-022-SpreadOfTechnologies-ModelingScenario
We examine plots on the spread of technologies and ask students to estimate and extract data from the plots and then model several of these spread of technologies phenomena with a logistic differential equation model.
data analysis
technology
logistic
spread
innovation
Modeling Scenario
383
views
198
downloads
0
comments
1-040-OutcomeSavings-ModelingScenario
We ask students to build a model for a savings account and to determine the monthly deposit in a savings account in order meet a long term savings goal.
Pop_Growth Pilot
savings
growth
deposit
g
Modeling Scenario
364
views
162
downloads
0
comments
1-001d-HotelPopulationDecay-ModelingScenario
You will be modeling the following situation: 100 people are in a hotel. Each day, each person has a random chance of 50% of leaving the hotel. No new people enter the hotel. Before you run the simulation in MATLAB, answer some questions.
simulation
logistic
exponential decay
fitting
Modeling Scenario
248
views
238
downloads
0
comments
1-060-SalesMarketing-ModelingScenario
We lead students through a sales forecasting model based on marketing principles first espoused by F. M. Bass with definitions, assumptions, equations, and data on sales over 15 year periods against which models may be tested.
marketing
Bass model
sales
consumer products
innovators
imitators
Modeling Scenario
268
views
554
downloads
0
comments
6-065-InternetPlatformUsers-ModelingScenario
A model estimating the volume of users interacting through a two-sided Internet platform (allowing interaction of two types of users) will teach students how to analyze a 2-dimensional dynamical system.
dynamics
flow
conserved
fixed points
cyclet
internet platform
diverghence
Jacobian
attracting
repelling
nodes
stable
saddle
spiral
Modeling Scenario
221
views
130
downloads
0
comments
1-009-ICUSpread-ModelingScenario
We offer students the opportunity to model the percentage of voluntary nonprofit hospitals in the United States with Intensive Care Units during the period of 1958-1974.
logistic
sum of square errors
Intensive Care Unit
hospital
spread
Modeling Scenario
400
views
176
downloads
0
comments
7-008-MachineReplacement-ModelingScenario
Students build an integro-differential equation model using a convolution for machine replacement strategies for two different machine failure models.
Probability
replacement number
Laplace transform
industrial engineering
machine
convolution
distributioj
step function
derivative definition
Modeling Scenario
318
views
158
downloads
0
comments
1-044-CollegeBound-ModelingScenario
Preparing for four years of college for a friend of the family's newborn is the task. Making assumptions about costs, timing, interest rates, and fiscal capabilities are the order of the day.
interest rate
college saving
tuition
room and board
Modeling Scenario
307
views
148
downloads
0
comments
1-119-DairyFarming-ModelingScenario
A simple first order population growth model is presented. The challenge is to produce a final differential equation which is the result of the difference or ratio of birth and death rates. This ratio is not immediately intuitive.
population dynamics
dairy
farmers' markets
growth
cow
Modeling Scenario
455
views
298
downloads
0
comments
1-006-Financing-ModelingScenario
We describe two situations, one in which we are saving for a purpose and one in which we are borrowing for a purpose. In the first case we ask for discrete and continuous model of the situation and in the second case we ask that the results of...
finance
savings
loan
interest rate
payment
Modeling Scenario
308
views
235
downloads
0
comments
1-027-StochasticProcesses-ModelingScenario
We build the infinite set of first order differential equations for modeling a stochastic process, the so-called birth and death equations. We will only need to use integrating factor solution strategy or DSolve in Mathematica for success.
Variance
Mean
stochastic
random
operations research
industrial engineering
Poisson process
traffic
Modeling Scenario
299
views
406
downloads
0
comments
1-165-FlushToilet-ModelingScenario
This activity analyzes the spread of a technological innovation using the Bass Model from Economics. The equation is a first-order, two-parameter separable equation and the solution has a characteristic S-shaped curve or sigmoid curve.
julia
Diffusion
innovation
rate of innovation
Bass model
Solver
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