Delay elements simulate processes that delay continuous or discrete signals and flows. That is, their outputs lag their inputs. Therefore, like Stocks, their outputs are computed based on the historical values of their inputs.
As a result, Delays also impart inertia and memory to a system, and can internally generate dynamic behavior within a system.
There are four Delay elements in GoldSim: Material Delays delay continuous flows of material; Information Delays delay continuous flows of information; Event and Discrete Change Delays delay discrete signals.
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