Logistic growth
In the real world, with its limited resources, exponential growth cannot continue indefinitely. Exponential growth may occur in environments where there are few individuals and plentiful resources, but when the number of individuals gets large enough, resources will be depleted, slowing the growth rate. Eventually, the growth rate will plateau or level off. This population size, which represents the maximum population size that a particular environment can support, is called the carrying capacity, or K.
The formula we use to calculate logistic growth adds the carrying capacity as a moderating force in the growth rate. The expression
dN/dT = rmax · dN/dT = rmax · N · (K-N)/K change in number of individuals over change in time equals r max times the change in number of individuals over change in time which equals r max times N times the quotient of K minus N divided by K.
Figure 1: Logistic growth graph.
A graph of this equation yields an S-shaped curve, and is a more realistic model of population growth than exponential growth. There are three different sections to an S-shaped curve. Initially, growth is exponential because there are few individuals and ample resources available. Then, as resources begin to become limited, the growth rate decreases. Finally, growth levels off when the carrying capacity of the environment is reached, with little change in population size over time.
Notice that when N is very small, (K-N)/K becomes close to K/K or 1, and the right side of the equation reduces to