Highlights
In this assignment, you will create a dynamic model of a system of your own choice. You are then to build both an attractive and useful model interface, as well as one or two case studies/scenarios, to allow a user (with no prior knowledge of Stella) to explore your model simulation, as well as an interactive story to fully explain the model to the user. For your topic, you may choose anything of interest to you. It does not have to be connected to your main PROD690 or PROD680 project (although a relevant model may be useful). Your model must contain at least three distinct sectors with internal feedback loops, with all sectors connected appropriately. For anyone who cannot think of a suitable model individually, I offer the thee following systems that you could use:
1. Solving the housing price problem for New Zealand a. This would involve first home buyers, existing homeowners, house renters, house investors, government policy changes through such things as taxation, capital gains, rental caps, etc.
2. Encouraging uptake of electric cars in New Zealand a. This would involve car purchasers, supply chain including new and used cars coming into NZ, relative prices, and government policy changes through such things as tax incentives, road user charges, targets for fraction of electric versus petrol cars on the road, resourcing of infrastructure development for charging stations, and perhaps disposal/recycle of large numbers of batteries
3. Facilitating the uptake of electric bikes in a typical New Zealand city a. Imagine you have developed such a product, which you now want to get into the market. This might involve potential purchases, the Bass diffusion, effects of marketing and social media, relative costs, production capacity/supply chain, and local government policy changes around provision of cycle tracks, secure parking (with or without charging?), relative pricing of public transport as an alternative.
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