NodeJS SDK: While using Localhost mode, error generated: Cannot find name 'path'

Issue

Using Node.js SDK, when trying to run the code below in Typescript file using Localhost mode: 

var factory = SplitFactory({
    core: {
         authorizationKey: 'localhost'
    },
    features: path.join(__dirname, '.split'),
    scheduler: {
        offlineRefreshRate: 15 // 15 sec
    }
});

The following error is thrown:

Cannot find name 'path'

Root cause

This is a node issue. Typescript needs typings for any module, except if that module is not written in typescript. 

Answer

You need to install the following package by running the command below:

npm i @types/node -D