Given the contribution made on each of the three products in the following table and their position in the life$$ cycle, identify a reasonable operations strategy for$$ each:

Product

Product

Contribution

$(\%$ of

selling$$ price$)$

Company Contribution

$(\%$: total annual

contribution divided

by total annual$$ sales$)$

Position in

Life Cycle

$30$

$30$

$50$

Part $2$

Identify possible strategies for the $.($Mark all that$$ apply.$)$

A$.$Improve cost control for profitability and market share

B$.$Attempt to innovate high dash volume production

C$.$Attempt to develop an improved product

D$.$Develop supplier and distribution systems

Part $3$

Identify possible strategies for the $.($Mark all that$$ apply.$)$

A$.$Modify and improve the production process

B$.$Attempt to innovate high dash volume production

C$.$Attempt to develop an improved product

D$.$Develop supplier and distribution systems

Part $4$

Identify possible strategies for the $.($Mark all that$$ apply.$)$

A$.$Develop supplier and distribution systems

B$.$Attempt to make production facilities more efficient

C$.$Increase capacity

D$.$Attempt to innovate high dash volume production