1. What will the failure-rate curve look like with incorporating system changes, upgrades, and maintenance? Discuss potential issues involved after each of these activities. What is the role of a logistics system in responding these changes/upgrades/maintenance activities? (12 points)

Analyzing figure 1 of the research work, it is seen that the failure rate curve concerning incorporating system changes, upgrades, and maintenance in the economy, the curve of a bathtub nature, and the different phases of the product cycle is developed and analyzed while developing the failure rates in the economy (Šimonová et al. 2019). Hence, from figure 1, it is seen that the infant stages bear a lower risk of the products or services as it is the introductory phase of the product or the service. On the other hand, the after stages of the product which are the normal or the utilizing phase bear a constant rate of depletion and failures in the economy (Judge et al. 2019). Later in the wear-out phase, the failure rates rapidly increase as the demand for the products or services depletes over time in the economy. The major potential issues that are incorporated while implementing any changes in any segments can be directly stated as managing the teams, developing the required needs, and requirements, and assigning proper allocation to the changes made in the economy. In this aspect, the potential issues while implementing upgrades are the acquaintance with the upgrades made to the process in aspects of technology and many more, Proper Adaptability, and analyzing the new architectures that have been enhanced in the economy to develop the efficiency of the product or the service in the market. Furthermore, the potential issues while implementing the maintenance are unplanned maintenance, Downtime applicable, Consuming time, Budget issues, and fluctuations in Process as well. The main role of the application of logistics systems while analyzing the changes in the economy is to manage and increment the value of the supply chain management of any entity in the business firm. On the other hand, the logistics while analyzing upgrades in the process helps in developing the delivery systems of the products and services through better and more efficient delivery of the items and the products in the market (Vogel, 2020). Furthermore, logistics also plays an important role in mitigating the main issues through maintenance by implementing and ensuring that all the processes and resources within the businesses are met properly in the delivery areas in the given timeframe. Therefore, it can be said that the logistics have helped in mitigating as well as analyzing the different factors such as change, upgrades, and maintenance in the economy.