________ are agents who take physical possession of products and negotiate sales. They deal mostly with agricultural marketing
A) Industrial distributors
B) Cash-and-carry wholesalers
C) Purchasing officers
D) Rack jobbers
E) Commission merchants
E
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______ communication involves transmission of messages through various media to a distant audience with limited interaction between the producer of a message and his or her audience.
a. Mediated b. Masspersonal c. Mass d. Public
Total variable costs change as the level of activity changes
Indicate whether the statement is true or false
Disaggregation:
A) breaks the aggregate plan into greater detail. B) transforms the master production schedule into an aggregate plan. C) calculates the optimal price points for yield management. D) converts product schedules and labor assignments to a facility-wide plan. E) is an assumption required for the use of the transportation model in aggregate planning.
Weiss Inc. arranged a $9,000,000 revolving credit agreement with a group of banks. The firm paid an annual commitment fee of 0.5% on the unused balance of the loan commitment. On the used portion of the revolver, it paid 1.5% above prime for the funds actually borrowed on a simple interest basis. The prime rate was 9% during the year. If the firm borrowed $6,000,000 immediately after the agreement was signed and repaid the loan at the end of one year, what was the total dollar annual cost of the revolver? Do not round intermediate calculations.
A. $715,950 B. $793,350 C. $645,000 D. $735,300 E. $703,050