Control conception is really prevalent in many areas in daily life. National economy control may be represented by a block diagram as shown below. In this system, fluctuations are observed in the private business investment. Such fluctuations tend to adversely affect the national income a) For this control system, identify the plant, controller, reference input, controlled output and disturbance. b) Explain what happens if the government gives up taking the information of the national income.
Control conception is really prevalent in many areas in daily life. National economy control may be represented by a block diagram as shown below. In this system, fluctuations are observed in the private business investment. Such fluctuations tend to adversely affect the national income a) For this control system, identify the plant, controller, reference input, controlled output and disturbance. b) Explain what happens if the government gives up taking the information of the national income.
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
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Control conception is really prevalent in many areas in daily life. National economy control
may be represented by a block diagram as shown below. In this system, fluctuations are
observed in the private business investment. Such fluctuations tend to adversely affect
the national income a) For this control system, identify the plant, controller, reference
input, controlled output and disturbance. b) Explain what happens if the government gives
up taking the information of the national income.
Private
Business
Desired
Investment
National
Income
National
Income
Business
Government
Government
Production
Spending
Consumer
Тах
Collections
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