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IMSE 2030 -Fundamentals of Systems Design and AnalysisIndividual Assignment #1 TopicPart I. It is claimed that: “In today’s economic and industrial environment, a systems approach to the design and operation of manufacturing and supply is more important than ever.” Do you agree with this statement, and why? Relate your discussion tothe characteristics of the“three industrial revolutions”, and the key concepts of systems approach.Part II. Based on your understanding of the “prototype system model” and the necessary conditions for a system to functions effectively, discuss the following:a)The business success of Walmart operationb)Compare disaster management of Irma and KatrinaPart III. Apply your understanding of systems concepts and systems approach to a situation of your choice:describe the situation in systems terms (structure, communication/control, etc.), and then utilize your understanding of the generic conditions regarding systems structure and operation, and discuss whether this system has a good choice of being effective in reality (i.e.: relate the situation to the prototype system model and the list of required conditions for effective system operation; discuss: is the system properly structured and managed? If not, how can it be improved?)Length and StructureMaximum number of pages: 6(including figures and pictures, 1.5 lines spaced). Please properly “section” your report, so that it follows the formatof a typical technical report. For example:SummaryIntroductionSection 1 ….(presentation/discussion)Section 2 ….(presentation/discussion)…ConclusionsReferencesIt is important to refer to referencesthat you can find from relevant sources.You are encouraged to use illustrations, examples and referencesto enhance your presentation and discussion in the repor
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