Project Flow Models
Differential, probabilistic and discrete
Show steady state - predict disc demand - relate speed and number of projects - relate success rates and output
Show flow as f(t) - approach to steady state - continuous decision making
Shows flow vs. time with probable fluctuations - estimates variances due to project entry times and progression - works with "whole" projects only - selectable decision frequency
No time dependence - invariant - infrequent and fixed decision points
ALWAYS reaches EXACT steady state - means only - too smooth - fractional products - no randomness
Demand only, not actual -