generator-jhipster: build error:The system cannot find the path specified.

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Overview of the issue

Running yo jhipster but build failed The message is

`WARNING in ./src/main/webapp/content/images/hipster2x.png
DEPRECATED. Configure gifsicle's interlaced option in it's own options. (gifsicl
e.interlaced)
 @ ./~/css-loader!./src/main/webapp/app/home/home.css 6:896-941
 @ ./src/main/webapp/app/home/home.css
 @ ./src/main/webapp/app/home/home.component.ts
 @ ./src/main/webapp/app/home/index.ts
 @ ./src/main/webapp/app/home/home.module.ts
 @ ./src/main/webapp/app/app.module.ts
 @ ./src/main/webapp/app/app.main.ts

WARNING in ./src/main/webapp/content/images/hipster2x.png
DEPRECATED. Configure optipng's optimizationLevel option in it's own options. (o
ptipng.optimizationLevel)
 @ ./~/css-loader!./src/main/webapp/app/home/home.css 6:896-941
 @ ./src/main/webapp/app/home/home.css
 @ ./src/main/webapp/app/home/home.component.ts
 @ ./src/main/webapp/app/home/index.ts
 @ ./src/main/webapp/app/home/home.module.ts
 @ ./src/main/webapp/app/app.module.ts
 @ ./src/main/webapp/app/app.main.ts

WARNING in ./src/main/webapp/content/images/hipster.png
DEPRECATED. Configure gifsicle's interlaced option in it's own options. (gifsicl
e.interlaced)
 @ ./~/css-loader!./src/main/webapp/app/home/home.css 6:307-350
 @ ./src/main/webapp/app/home/home.css
 @ ./src/main/webapp/app/home/home.component.ts
 @ ./src/main/webapp/app/home/index.ts
 @ ./src/main/webapp/app/home/home.module.ts
 @ ./src/main/webapp/app/app.module.ts
 @ ./src/main/webapp/app/app.main.ts

WARNING in ./src/main/webapp/content/images/hipster.png
DEPRECATED. Configure optipng's optimizationLevel option in it's own options. (o
ptipng.optimizationLevel)
 @ ./~/css-loader!./src/main/webapp/app/home/home.css 6:307-350
 @ ./src/main/webapp/app/home/home.css
 @ ./src/main/webapp/app/home/home.component.ts
 @ ./src/main/webapp/app/home/index.ts
 @ ./src/main/webapp/app/home/home.module.ts
 @ ./src/main/webapp/app/app.module.ts
 @ ./src/main/webapp/app/app.main.ts

WARNING in ./src/main/webapp/content/images/logo-jhipster.png
DEPRECATED. Configure gifsicle's interlaced option in it's own options. (gifsicl
e.interlaced)
 @ ./~/css-loader!./src/main/webapp/app/layouts/navbar/navbar.css 6:1596-1648
 @ ./src/main/webapp/app/layouts/navbar/navbar.css
 @ ./src/main/webapp/app/layouts/navbar/navbar.component.ts
 @ ./src/main/webapp/app/layouts/index.ts
 @ ./src/main/webapp/app/app.module.ts
 @ ./src/main/webapp/app/app.main.ts

WARNING in ./src/main/webapp/content/images/logo-jhipster.png
DEPRECATED. Configure optipng's optimizationLevel option in it's own options. (o
ptipng.optimizationLevel)
 @ ./~/css-loader!./src/main/webapp/app/layouts/navbar/navbar.css 6:1596-1648
 @ ./src/main/webapp/app/layouts/navbar/navbar.css
 @ ./src/main/webapp/app/layouts/navbar/navbar.component.ts
 @ ./src/main/webapp/app/layouts/index.ts
 @ ./src/main/webapp/app/app.module.ts
 @ ./src/main/webapp/app/app.main.ts

ERROR in ./src/main/webapp/content/images/hipster2x.png
Module build failed: Error: The system cannot find the path specified.

    at notFoundError (D:\demo\node_modules\execa\node_modules\cross-spawn\lib\en
oent.js:11:11)
    at verifyENOENT (D:\demo\node_modules\execa\node_modules\cross-spawn\lib\eno
ent.js:46:16)
    at ChildProcess.cp.emit (D:\demo\node_modules\execa\node_modules\cross-spawn
\lib\enoent.js:33:19)
    at Process.ChildProcess._handle.onexit (internal/child_process.js:215:12)
 @ ./~/css-loader!./src/main/webapp/app/home/home.css 6:896-941
 @ ./src/main/webapp/app/home/home.css
 @ ./src/main/webapp/app/home/home.component.ts
 @ ./src/main/webapp/app/home/index.ts
 @ ./src/main/webapp/app/home/home.module.ts
 @ ./src/main/webapp/app/app.module.ts
 @ ./src/main/webapp/app/app.main.ts

ERROR in ./src/main/webapp/content/images/hipster.png
Module build failed: Error: The system cannot find the path specified.

    at notFoundError (D:\demo\node_modules\execa\node_modules\cross-spawn\lib\en
oent.js:11:11)
    at verifyENOENT (D:\demo\node_modules\execa\node_modules\cross-spawn\lib\eno
ent.js:46:16)
    at ChildProcess.cp.emit (D:\demo\node_modules\execa\node_modules\cross-spawn
\lib\enoent.js:33:19)
    at Process.ChildProcess._handle.onexit (internal/child_process.js:215:12)
 @ ./~/css-loader!./src/main/webapp/app/home/home.css 6:307-350
 @ ./src/main/webapp/app/home/home.css
 @ ./src/main/webapp/app/home/home.component.ts
 @ ./src/main/webapp/app/home/index.ts
 @ ./src/main/webapp/app/home/home.module.ts
 @ ./src/main/webapp/app/app.module.ts
 @ ./src/main/webapp/app/app.main.ts

ERROR in ./src/main/webapp/content/images/logo-jhipster.png
Module build failed: Error: The system cannot find the path specified.

    at notFoundError (D:\demo\node_modules\execa\node_modules\cross-spawn\lib\en
oent.js:11:11)
    at verifyENOENT (D:\demo\node_modules\execa\node_modules\cross-spawn\lib\eno
ent.js:46:16)
    at ChildProcess.cp.emit (D:\demo\node_modules\execa\node_modules\cross-spawn
\lib\enoent.js:33:19)
    at Process.ChildProcess._handle.onexit (internal/child_process.js:215:12)
 @ ./~/css-loader!./src/main/webapp/app/layouts/navbar/navbar.css 6:1596-1648
 @ ./src/main/webapp/app/layouts/navbar/navbar.css
 @ ./src/main/webapp/app/layouts/navbar/navbar.component.ts
 @ ./src/main/webapp/app/layouts/index.ts
 @ ./src/main/webapp/app/app.module.ts
 @ ./src/main/webapp/app/app.main.ts
Child html-webpack-plugin for "index.html":
    [./node_modules/html-webpack-plugin/lib/loader.js!./src/main/webapp/index.ht
ml] ./~/html-webpack-plugin/lib/loader.js!./src/main/webapp/index.html 1.16 kB {
0} [built]
error Command failed with exit code 2.
info Visit https://yarnpkg.com/en/docs/cli/run for documentation about this comm
and.
error Command failed with exit code 1.
info Visit https://yarnpkg.com/en/docs/cli/install for documentation about this
command.
Error jhipster

ERROR! yarn install failed.`

JHipster Version(s)

v4.0.3

JHipster configuration

{
  "generator-jhipster": {
    "jhipsterVersion": "4.0.3",
    "baseName": "demo",
    "packageName": "com.myapp",
    "packageFolder": "com/myapp",
    "serverPort": "8080",
    "authenticationType": "oauth2",
    "hibernateCache": "no",
    "clusteredHttpSession": false,
    "websocket": false,
    "databaseType": "sql",
    "devDatabaseType": "h2Disk",
    "prodDatabaseType": "mysql",
    "searchEngine": false,
    "messageBroker": false,
    "serviceDiscoveryType": false,
    "buildTool": "maven",
    "enableSocialSignIn": false,
    "useSass": false,
    "clientPackageManager": "yarn",
    "applicationType": "monolith",
    "testFrameworks": [
      "gatling"
    ],
    "jhiPrefix": "jhi",
    "enableTranslation": false,
    "clientFramework": "angular2"
  }
}

Browsers and Operating System

java version “1.8.0_91” Java™ SE Runtime Environment (build 1.8.0_91-b14) Java HotSpot™ 64-Bit Server VM (build 25.91-b14, mixed mode)

git version 2.11.0.windows.3

node: v6.9.5

npm: 4.2.0

yeoman: 1.8.5

yarn: 0.19.1`