The document discusses three models for composite materials:
1) The parallel phase model where the dispersed phase is embedded in a continuous matrix phase. It determines the elastic modulus (E1) of the composite in the fiber direction based on the modulus and volume fraction of the fibers and matrix.
2) The series phase model where the rule of mixtures relates the composite modulus to the modulus and volume fraction of the matrix and dispersed materials.
3) The dispersed phase model, also called the Maxwell model, which is not described in detail.