Prepare a product$-$by$-$value analysis for the following products, and given the position in its life cycle, identify the issues likely to confront the operations manager, and his or her

possible actions. Product Alpha has annual sales of $1,500$ units and a contribution of $$3,000$ per unit; it is in the introductory stage. Product Bravo has annual sales of $1,000$ units

and a contribution of $$3,500$ per unit; it is in the growth stage. Product Charlie has annual sales of $3,000$ units and a contribution of $$1,250$ per unit; it is in the decline stage.

Product$-$by$-$value analysis