Q$\mathrm{.}4$: $(25$ pts$.)$ An investor is planning to start a business by producing a brand new one of a kind product, the product needs $5$ different sequential processes to be produced; the annual demand on this product is estimated to reach $400000$ units. However, since it is a new product introduced to the market the investor is not fully sure of ultimate success of the product; i$.$e$.$ the product may fail in the market.

a$)$ What would you advise this investor to do regarding the establishment and progress of such abusiness?

b$)$ If the product starts to show very good success, which automation strategy would you suggest him to follow?

c$)$ When the product reaches ultimate success, what type of facility and layout would you expect him to adopt by that time?

d$)$ Based on your answer in part $($c$),$ what type of automation would you expect the facility to have? Why?

e$)$ Haw would you dassify this industry in terms of process or discrete industry?

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