Identify four possible measures (financial or non-financial) that top management may decide to use.

1.What problems might be encountered when a business attempts to incorporate non-financial measures into its management reports?

 

2.Westcott Supplies Ltd has an operating division that produces a single product. In addition to

the conventional RI and ROI measures, central management wishes to use other methods of

measuring performance and productivity to help assess the division.

3.Identify four possible measures (financial or non-financial) that top management may decide

to use.

 

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erive the differential equations in terms of the liquid heights h1 and h2.

  Figure 7.18 shows a liquid-level system in which two tanks have cross-sectional areas A1 and A2, respectively. The volume flow rate into tank 1 is qi. A pump is connected to the bottom….

Derive the differential equation relating the liquid height h and the volume flow rate qi at the inlet.

  Consider the single-tank liquid-level system shown in Figure 7.19, where the volume flow rate into the tank through a pipe is qi. The liquid leaves the tank through an orifice….

Derive the differential equations in terms of the liquid heights h1 and h2.

Figure 7.20 shows a hydraulic system of two interconnected tanks that have the same cross-sectional area of A. A pump is connected to tank 1. Assume that the relationship between the….