The luggage holder Essay Example | Topics and Well Written Essays - 1000 words

The luggage holder - Essay ExampleVery little energy is utilise by the luggage holder and its applications. In addition, the luggage holder is manually operated, so it does not practice session any energy other than humankind effort. Since it requires human effort to operate, this makes it very sustainable and energy-friendly in the long-term. It is besides renewable, efficient and non-polluting because it is natural energy. The only resulting impact identified so far is possible fatigue as a result of long periods of operation, which is also very negligible. Finally, all materials are as inherently safety and benign as possible. The luggage holder does not have any energy inputs or outputs though.When it comes to human capital, concept development, product design, assembly, and marketing are the labor-intensive stages of product development that require a part of human capital. Creativity, innovation, knowledge, habits, skill, cognitive abilities, and social and personality a ttributes, are the human capital elements that will be in high demand in the design and development of the luggage holder. In regards to financial capital (monetary instruments), a lot of financial resources are need to fund the activities involved in the human capital aspect. When it comes to manufacture or real capital (made by people and their tools), there are steel works, plastic processors, manufacturing space (to support industrial production), assembly tools and machines, and other related forms of infrastructure will be required.The luggage holder does not require any natural capital (the Earths resources and bio-capacity). Very little natural capital is required to develop and sell this product. The materials required are obtained from very little natural resources, and do not throw in with the earths bio-capacity in any way. The product development cost is quite high, exact be are not yet clear as per now. The product development