Another application of differential equations (DE) is modeling growth or decay events with a limit. This post explains more about this event:
Modeling Logistics

Let's recall that for some phenomena, the rate of change is directly proportional to its quantity, just like we did with growth and decay; However, this is only sometimes the case. To illustrate, let's look at population growth. We can model it exponentially as
As time passes, population growth decreases because of a specific limitation
It may be best to model these events using the logistic differential equation. Pierre François Verhulst, a Belgian Mathematician, first created this equation. It states that the rate of change is directly proportional to the difference between quantity
The model grows at a
We can find the general solution using the separation of variables method or Bernoulli's Equation. Let's use the latter:
Rearranging the form:
Applying Bernoulli's Equation:
, eliminate , make first term conform to standard form , let be and solve for , solve for integrating factor , solve for general solution
The general solution is what we call the logistic function, which consists of the following:
is the limiting capacity is the initial value is the growth rate is time
We can view the solution curve graphically in the figure. It looks like a sigmoid curve (commonly known as the "S-Curve"). It has a horizontal asymptote at