The Fourth Industrial Revolution
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The Fourth Industrial Revolution

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@PreEminentBanjo

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Questions and Answers

What characterizes the fourth industrial revolution?

  • Convergence of digital and physical worlds (correct)
  • Pre-programmed logic execution
  • Mass production and mechanization
  • Static processes

    • How does Industry 4.0 impact manufacturing processes?

  • Decentralized control systems
  • Processes become adaptive and self-corrective (correct)
  • Processes remain static and rigid
  • Decrease in communication between machines

    • What shifts the basis of competition in manufacturing according to the text?

  • Rigid and static processes
  • Large-scale centralized control systems
  • Pre-programmed logic execution
  • Flexible production (correct)

    • What distinguishes machines in the fourth industrial revolution from previous eras?

    <p>Intelligent, autonomous networks that can communicate and interact</p> Signup and view all the answers

    What major change occurs in factory control systems in Industry 4.0?

    <p>Shift from centralized to decentralized intelligence</p> Signup and view all the answers

    What enables machines in the fourth industrial revolution to respond to demands in real time?

    <p>Autonomous networks capable of communication</p> Signup and view all the answers

    Which sector does Singapore not occupy a leadership position in, according to the text?

    <p>Automotive</p> Signup and view all the answers

    What percentage of the world's integrated circuit chips are fabricated, assembled, or tested in Singapore?

    <p>10%</p> Signup and view all the answers

    Where does Singapore rank globally in terms of high-tech goods export?

    <p>Fourth</p> Signup and view all the answers

    What is the estimated increase in labor productivity that Industry 4.0 could bring to Singapore by 2024?

    <p>30%</p> Signup and view all the answers

    Which organization conducted a study estimating the impact of Industry 4.0 on Singapore's manufacturing output?

    <p>Boston Consulting Group</p> Signup and view all the answers

    In which index was Singapore ranked fifth in the world under the manufacturing value-added category in 2017?

    <p>Bloomberg Innovation Index</p> Signup and view all the answers

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