Question: Assessment 1 is LOGISTIC INDUSTRY 1. Write a report using the structure and prompts below: a) Introduction Brief introduction to the report. b) Solution development

Assessment 1 is LOGISTIC INDUSTRY

1. Write a report using the structure and prompts below: a) Introduction Brief introduction to the report. b) Solution development Design a Industry 4.0 solution to solve the problem identified in Assessment 1 for your chosen organisation/business/industry. a. What kinds of actions can you take in anticipation for this problem? b. Is an organisational transformation required to solve the problem? What kinds of recommendations would you make? c) Analysis of disruptions and opportunities What kinds of disruptions and opportunities will be generated by your solution in your chosen orgnisation/business/industry? d) Conclusion A brief summary of the report and your proposed solution

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=+ b. What is the per-worker production function, y = f(k)?

=+ c. Assume that neither country experiences population growth or technological progress and that

=+ a. Does this production function have constant returns to scale? Explain.