Final answer:
Functional requirements are based on procedures and rules that an organization uses to run its business, detailing the system's capabilities, while constraints are limitations or conditions that must be met. The example given explains requirements and constraints in the context of developing a drinkable water production system. Thus (option 2) is right answer.
Step-by-step explanation:
Requirements are specifications of what should be implemented in the system and constraints are limitations or conditions that must be met. The type of requirements based on procedures and rules that an organization uses to run its business would typically be functional requirements. These include capabilities the system must have to provide for the needs of its users, such as processing necessary steps in a workflow, data manipulation, and processing, or to interact with other systems.
Constraints, on the other hand, are restrictions or boundaries imposed on the system. In the context of the provided example, requirements might include criteria such as the purity of water, rate of water production, and lifetime of the system, whereas constraints could cover design and operational costs, maintenance expenses, and environmental impact. The problem statement synthesized from these elements would outline a solution to produce drinkable water under specified budgetary and operational conditions.
In conclusion, organizations must carefully consider both their functional requirements and constraints to devise solutions that not only deliver on performance but also adhere to fiscal and regulatory boundaries. Thus (option 2) is right answer.