In this project you have to write a report about adapting and running the model on process
improvement. Before Starting this project, you need to read thoroughly the description given
in paper [1] and [2]. You should build the corresponding system dynamics model, which also
requires that one computes the conditions for steady state.
In addition to describing the design of the simulation model you should also run the
simulation model to answer some questions (given below).
The report should be written according to a template specified in this project description (see
section “Report template”).
The project delivery should consist of exactly two files:
1. Written report in pdf or Word document format.
2. The model file or files (made in Vensim tool)