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Logistic Growth Model

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Sažetak

Logistic model is widely used growth model with many useful properties for technological and market development forecasting. The chapter presents developed modifications of the model that are suitable for particular cases of new product adoption forecasting. Limitations of the logistic model are shown and discussed.

Ključne riječi

Logistic model with fixed pointslogistic model of growth for the forecasting purposesLimitations of the logistic model