A limiting factor is the element of a system that limits its growth at a given time.
There can only be one limiting factor in a certain time point. However, if conditions change, other elements of the system can take over the role of the limiting factor.
See also Edit
- ↑ Juan Martín García (2011), Theory and Practical Exercises of System Dynamics, Barcelona, Spain: Juan Martín García, ISBN 8460998045, 8460998045, http://openlibrary.org/books/OL25175096M/Theory_and_Practical_Exercises_of_System_Dynamics