Figure 1
A system dynamics model diagram representing various components and their interactions in a technological adoption and economic analysis framework.A system dynamics model diagram representing various components and their interactions in a technological adoption and economic analysis framework. The diagram includes multiple interconnected nodes and arrows indicating the flow and relationships between different elements. Mid, Fleet Stage 3 Old, Aging 1 to 2, Aging 2 to 3, Stage Duration, Replacement Inflow, Cumulative Revenue, Net Cash Flow, Cumulative Cash Flow, Discounted Net Cash Flow, Discounted Payback Achieved, Net Profit, Operating Profit Margin, Return on Net Assets, Profitability Index, Payback Achieved, and NPV. The arrows indicate the direction of influence or flow between these components, illustrating the complex interactions and dependencies within the system.

System dynamics model exported from insight maker. Source: Interactive simulation model, InsightMaker (2026) 

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