Input
Process
Outputs
Materials:
Rubber, glass
Steel, leather, plastic, wires, aluminium , clay
Wool, hides, magnesium
Transformation
Pig iron -> steel -> sheet
Silicon > glass
Wool> upholstery fabric
Hides> leather upholstery
rubber>tires, hoses
aluminum>engine block
clay>ceramic brakes
Wheels
Desired
Fuel efficient
Autonomous driving
Product
A working car
Driving
Transporting
Services
Uber
Taxi
Auto Dealership
Public Transportation
Human labor (types):
Assembly
Electrical engineer
Delivery
Information:
Engineering
Mechanical Engineering
Capital (plant and equipment):
-Factories
-Robots
-Computer systems
-Stock/Bonds
Managerial
-Staff
-Leadership
-Control/ Supervision
- Planning production process
- Organizing resources
- marketing to consumer
Research and development
Undesired
-Carbon emission
-Pollution
-Car accidents
-DUI
-Overproduction leading to fewer resources
-Noise pollution
-Hit and Run
-worker injuries?
Less workers; more robots
waste
Energy (types):
Thermal
Electricity
Mechanical
Oil
Gasoline
oxy-acetylene(welding)
water
Financial (product cost):
R&D, Robotic cost, service cost, Material costs, wages and salaries