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The model equations are quite straightforward. The ranges are shown in square brackets following the units.  With the exception of target armament, the equations for ...2 are exactly the same as those for ...1 with 2s instead of 1s at the end and so these equations are not repeated here.

armament capacity 1=Economic Capacity 1 * max capacity to armament 1
Units: M$/Year

armament lifetime 1=20

Units: Year [2,60,1]

armament obsolescence 1=Total Armament 1/armament lifetime 1

Units: M$/Year

armament spending 1=armament capacity 1 * fraction armament capacity used 1

Units: M$/Year

capacity degradation 1=Economic Capacity 1/capacity lifetime1

Units: M$/Year/Year

capacity lifetime 2=30

Units: Year [3,80,1]

desired strength ratio 1=1

Units: Dmnl [0,5,0.1]

Economic Capacity 1= INTEG (growth in capacity1 - capacity degradation 1,
                       initial economic capacity1)

Units: M$/Year

FINAL TIME  = 100

Units: Year

fraction armament capacity used 1= WITH LOOKUP (
ZIDZ(indicated armament building 1,aramament capacity 1),

([(0,0)-(10,1),(0,0),(1,1),(10,1)],(0,0),(0.4,0.4),(2,0.8),(3,0.9),(5,1),(10,1) ))

Units: Dmnl

fraction spending to investment 1=0.3

Units: Fraction [0,0.6,0.05]

growth in capacity 2=investment spending 2 * investment effectiveness 2

Units: M$/Year/Year

indicated armament building 1=MAX(0,armament obsolescence 1 + 
(target armament 1 - Total Armament 1)/time to correct armament 1)

Units: M$/Year

initial armament 1=50

Units: M$ [0,200,5]

initial economic capacity1=100

Units: M$/Year [10,500,5]

INITIAL TIME  = 0

Units: Year

investment spending 1=non armament spending 1 * 
       fraction spending to investment 1

Units: M$/Year

investment effectiveness 2=0.15

Units: 1/Year [0.01,0.4,0.01]

max capacity to armament 1=0.4

Units: Fraction [0,1,0.05]

non armament spending 1=Economic Capacity 1 - armament spending 1

Units: M$/Year

SAVEPER  = TIME STEP

Units: Year [0,?]

target armament 1=Total Armament 2 * desired strength ratio 1

Units: M$

target armament 2=Total Armament 1 * desired strength ratio 2

Units: M$

TIME STEP  = 0.125

Units: Year [0,?]

time to correct armament 1=5

Units: Year [1,20]

Total Armament 1= INTEG (armament spending 1-armament obsolescence 1,
       initial armament 1)

Units: M$