Question: please aolve asap and show work. Solve the following TOC (Theory of Constraints)-based productivity problem: Let's consider a hypothetical software development company that aims to
Solve the following TOC (Theory of Constraints)-based productivity problem: Let's consider a hypothetical software development company that aims to integrate innovation-focused metrics with a TOC-based throughput measure. Let's assume the software company generates $1,000,000 in sales revenue over a specific period. The company allocates 20% of its development team's time and budget to innovative projects. Innovative projects generated $200,000 in additional sales revenue during the period. The total Development Team Budget is $500,000 (i) Calculate the Budget Allocated to Innovation as a percentage of the total development team budget ( 0.5 out of 2 points) (ii) Calculate the TOC Throughput (Including Innovation Revenue) as: Total Sales Revenue + Innovation Revenue ( 0.5 out of 2 points) (iii) Calculate the TOC-based productivity of Innovation. (1 out of 2 points)
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