Tag: steady-state
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Dynamic Equilibrium
Concept of system keeping itself in a steady state. Control and feedback loops provide inputs into this concept. Concept suggests system has management capabilities to maintain dynamic equilibrium. If dynamic equilibrium not maintained, system may cease to function or may function in a manner that does not meet purpose, objectives or goals. Example: British political…
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Open, Closed and Isolated systems
At a high level, systems are classified as Open or Closed. Closed Systems (also known as isolated systems in thermodynamics – see further below) No interaction outside of the system No interaction with the systems environment Receive no inputs from, or provide no outputs to, the environment Closed systems with outputs are knowable only through its…