The model simulates the comparison between mountain biking industry and forestry/logging in Derby Tasmania.
How the model works
On the left-hand side, Derby Mountain biking, tourists visit the mountain according to reviews and recommendation of mountain scenery and entertainment activities. The number of people who hire bikes and who choose to dine on the mountain are limited by bike availability. Both bike hiring and biker dining contribute to tourist revenue in Derby. On the right-hand side, forest trees grow at certain rates, but are negatively affected by timber demand. Timber logging generate revenue, which depends on sale price and associated cost.
Interesting insights
Although forestry contributes more revenue in a certain time, it seems that Derby Mountain bike generate more tourist revenue from dining services and bike hiring in a long term.