{[ promptMessage ]}

Bookmark it

{[ promptMessage ]}

AEC 320 midterm05

AEC 320 midterm05 - PLEASE PRINT YOUR NAME ON THIS PAGE AND...

Info icon This preview shows pages 1–4. Sign up to view the full content.

View Full Document Right Arrow Icon
PLEASE PRINT YOUR NAME ON THIS PAGE AND ON THE BACK OF EVERY OTHER PAGE! NAME_____________________________________________________________ AEC 320, Agricultural Sales and Marketing October 13, 2005 Mid-Term Exam-ANSWER ANY SIX OF THE FOLLOWING EIGHT QUESTIONS Each question is worth 10 points FORM A PLEASE PRINT YOUR NAME ON THIS PAGE AND ON THE BACK OF EVERY OTHER PAGE!
Image of page 1

Info icon This preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
1. As a sales person it is important to know the trends in your industry. To that end we studied the grocery & produce industries. For each of the five items, define and explain what is happening in the industry to? (2 points each) a) Value added produce items b) Slotting fees c) Category management d) Universal Product Code (how does it relate to efficient consumer response?) e) The role of produce imports (1 point)
Image of page 2
2. In logistics, a supply chain management practice important to efficient consumer response has to do with managing the trade-off between total ordering cots (OC) and total inventory carrying costs (ICC). Show that relationship graphically (show how OC, ICC and total costs change with the number of orders) and show where one would want to be on that graph explaining why.
Image of page 3

Info icon This preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Image of page 4
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern