Tag: Tag is considered as a name that addresses a device. It is also called as a “variable” or a “symbol” whose name is defined based on the manufacturer of the PLC or device. Base tag, alias tag, produced tag and consumed tag are the types of tags used in PLC. It is used for data representation and defining areas in the controller’s memory locations. Tags are the basic means for generating, referencing, and checking data in a program . When user wants to use or monitor data in a program, user can use tag names in order to refer the memory locations.

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Chapter 15.2, Problem 8RQ

Program Plan Intro

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Tag is considered as a name that addresses a device. It is also called as a “variable” or a “symbol” whose name is defined based on the manufacturer of the PLC or device.

Base tag, alias tag, produced tag and consumed tag are the types of tags used in PLC.

It is used for data representation and defining areas in the controller’s memory locations.

Tags are the basic means for generating, referencing, and checking data in a program.

When user wants to use or monitor data in a program, user can use tag names in order to refer the memory locations.

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Add a method called transfer () to the BankAccount class, that takes in an amount and destinationAccount as input and transfer the funds from current account to destination account. This method should return the balance of the current account after the transfer, also should check for the sufficient balance in current account before proceeding the transfer and if there is insufficient balance return an error message "Insufficient balance". Modify the BankAccount Test class, so that it calls the transfer () method and prints the balance after transfer. Make sure that the transfer() method updates the balance of both the current account and the destination account.

• Create a public method called deposit() that takes in an amount of type double as input and adds the amount to the current balance. This method should also return the updated balance. • Create another public method called withdraw() that takes in an amount of type double as input, checks if the withdrawal amount is less than the current balance, and if so, subtracts the amount from the balance. If the withdrawal amount is greater than the current balance, the method should return an error message "Insufficient balance". • Create a public method getAccountInfo() that returns the account information in the format "Account Number: xxxxx, Account Holder: John Doe, Account Type: SAVINGS/CHECKING, Balance: $xxxX.XX". • Finally, create a constructor method that takes in the account number, account holder name, initial balance and account type as input and initializes the corresponding instance variables. In the BankAccount class, make sure to use the private access modifier for the instance…

Create a BankAccount Test class that contains a main() method that instantiates an object of type BankAccount, with account number of 12345, account holder name of "John Doe", initial balance of $1000 and account type as SAVINGS . Then use the deposit() and withdraw() methods of the object to deposit $500 and withdraw $300. Finally, use the getAccountInfo() method to print the current account information. Use the getAccountInfo() method to verify that the deposit and withdrawal actions are performed correctly and that the account information is updated accordingly.