What non financial considerations should be taken into account concerning a proposal to install a fire sprinkler system in a warehouse ?© BrainMass Inc. brainmass.com March 5, 2021, 1:50 am ad1c9bdddf
Please refer to the attached file for the response.
NONFINANCIAL FACTORS IN INSTALLATION OF FIRE SPRINKLERS IN A WAREHOUSE
Warehouse is defined as a system for storing various goods or materials such as chemicals, perishable goods, among others.
The following are among the nonfinancial factors that must be considered in installing a fire sprinkler ...
Fire sprinkler system is aimed at reducing the degree of risk of destruction caused by fire in a warehouse. However, the purpose will only be attained if both financial and non-financial factors are taken into account. This report focuses on the non-financial factors that must be considered in coming up with a decision to install a fire sprinkler system. These include:building/warehouse characteristics, classification of goods that will be stored, availability of well trained personnel to monitor its efficient and effective functioning, and potential tenant base.