ChangeFactor - Limiter Equation is the name for a formula frequently used in an 📝Integrated Financial Model (IFM) that means: improve this metric a little bit each month until it achieves this goal.
The name joins the equation's two inputs. The change factor is the small improvement applied to the metric each month; the limiter is the goal at which the improvement stops. Both are among the named ranges set out in 📝Components of an IFM, where ChangeFactor and Limiter occupy their own columns of the Forecast tab.
The limiter reflects a premise of forecasting in an IFM: business performance never improves forever. The equation is one of the 📝Equations through which an IFM expresses business processes.