Prepare a product-by-value analysis for the fol- lowing products, and given the position in its life cycle, iden- tify the issues likely to confront the operations manager and his or her possible actions. Product Alpha has annual sales of 1,000 units and a contribution of $2,500; it is in the intro- ductory stage. Product Bravo has annual sales of 1,500 units and a contribution of $3,000; it is in the growth stage. Product Charlie has annual sales of 3,500 units and a contribution of $1,750; it is in the decline stage.

when a manager evaluates alternatives until she comes to one that meets some minimum standard of sufficiency, selects it, and then goes on ther problems without considering the remaining rational alternatives, she engaged in?

Consider each category of Value Chain activities below.  In each category, list activities the company performs in ways that help contribute to the company’s competitive advantage (use bullet points, use as much space as needed).  For each activity you list, note how the company performs it in a way that contributes to increased profitability (i.e. note whether it contributes to lower costs or to increased value for the customer).  If the company is not performing well, you should note the activities in which it is underperforming.   Supply Chain Management     Operations     Distribution     Marketing & Sales     Service     Human Resource Management     R&D/Technology     General Management / Firm Infrastructure