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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
Smart watch
30
40
Introduction
Tablet
50
Growth
Hand calculator
10
Decline
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