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Junseok K avatar image
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Junseok K asked Junseok K edited

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!

FlexSim 22.1.2
valuesalesforecastloanmonetary
5 |100000

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Jonah K avatar image
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Jonah K answered Junseok K edited

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?


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Junseok K avatar image Junseok K commented ·

Thanks @Jonah K ! yes, that answered.

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