Quantitative model for the recycling of paper (with stocks)
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Kai Neumann (#1) has provided a description of the model with the iMODELER Presenter.
Description
Small exercise to model recycling of paper
It can be used for glass or plastics as well.
A scenario could be that there is a short term increase of demand or a extraordinarily low price so a paper mill decides to buy more wood which will with a delay lead to more recycled paper and a possible overproduction unless the purchase of wood is lowered again.
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