How can Flexsim track the total processed $ value at the end?

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Junseok K asked Jun 9, '22 Junseok K edited Jun 13, '22

How can Flexsim track the total processed $ value at the end?

We are trying to calculate the total loan issuance amount in $dollar$ value using Flexsim. In the middle of the process, some loan applications will be cancelled by a probability of %. We have emprical data for loans we can use as input. How can Flexsim track the total loan issuance amount at the end of the simulation process? Thank you in advance!

Software Version:

FlexSim 22.1.2

value sales forecast loan monetary

5 |100000

Attachments: Up to 12 attachments (including images) can be used with a maximum of 23.8 MiB each and 47.7 MiB total.

Answer 1 · 2022-06-10T15:53:14Z

Jonah K answered Jun 10, '22 Junseok K edited Jun 13, '22

Hi Junseok,

This model should perform the function you've described.

ApplicationsProcessFlow.fsm

It assigns the DollarAmount label based on an Empirical Distribution, and assigns a Cancelled label based on percentage. If the token has label Cancelled = 1, it get's discarded. Otherwise, it flows into a Zone and is collected. In the Properties of the Zone, I made a subset called Total Dollar Amount which sums all the application dollar values. The total collected amount and completed applications appear in the dashboard using Zone Statistics.

Does this answer your question?

applicationsprocessflow.fsm (37.7 KiB)

· 1

5 |100000

Attachments: Up to 12 attachments (including images) can be used with a maximum of 23.8 MiB each and 47.7 MiB total.

Junseok K commented · Jun 11, 2022 at 12:48 AM

Thanks @Jonah K ! yes, that answered.

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