 Solution

A composition series is a chain $0=V_0⊊V_1⊊\cdots ⊊V_r=V$ of submodules with every factor $V_i/V_{i-1}$ simple; its length is $r$. Suppose $0\subset S\subset V$ is one of length two, and put $T=V/S$.

For any nonzero proper submodule $U$, either $U\cap S=S$ or $U\cap S=0$, by simplicity of $S$. In the first case, simplicity of $V/S$ forces $U=S$. In the second, the quotient map embeds $U$ nontrivially into $T$, so $U\cong T$ and its image is all of $T$. Hence $V=S\oplus U$, and $V/U\cong S$. Thus every nonzero proper submodule is simple and has simple quotient; every composition series has length two.

The Jordan–Hölder theorem states that any two composition series of a finite-length module have equal length and the same multiset of simple factors, up to isomorphism and order. The preceding argument proves this for length two: either $U=S$, giving factors $S,T$, or $U\ne S$, giving factors $T,S$.

The map $A\to S$, $a\mapsto ax$, is a surjective module homomorphism with kernel $I={\mathrm{Ann}}_A(x)$. The first isomorphism theorem for modules gives $A/I\cong S$ as left modules; $I$ need only be a left ideal. Every simple module is cyclic, since any nonzero $x$ generates a nonzero submodule. As a quotient of the finite-dimensional regular module $A$, it is finite-dimensional. Extend $I$ to a composition series of $A$; its simple quotient $A/I$ is one of the factors. Jordan-Hölder shows that its isomorphism type belongs to the fixed finite list of factors of any one composition series of $A$. Hence there are finitely many simple-module isomorphism types.

For the final assertion let $W$ be the image of $\psi$. Its kernel is $\bigcap I_j$. We prove $W=\prod S_j$ by induction on $k$. It is true for $k=1$. Projection onto the first $k-1$ factors is onto by induction. Its kernel on $W$ is a submodule of $S_k$, so is zero or $S_k$. If zero, $W\cong {\prod }_{j<k}{S}_j$. But its projection onto $S_k$ is onto, making $S_k$ a composition factor of that product, contrary to Jordan-Hölder and the pairwise distinct types. Thus the kernel is all of $S_k$. Surjectivity on the first factors together with this kernel proves $W$ is the entire product. The first isomorphism theorem now givesas left $A$-modules, without asserting that the left ideals are two-sided.