Which of the following statements is TRUE?
A) Supply chain management was invented by the auto manufacturing industry
B) Strategic partnerships are seen as one of the foundations of supply chain management
C) Purchasing is seen as the final and most difficult step in the supply chain
D) Logistics and Supply Chain Management are synonymous terms

Sauer food company has decided to buy a new computer system with an expected life of three years. the cost is $440,000. the company can borrow $440,000 for three years at 14 percent annual interest or for one year at 12 percent annual interest. assume interest is paid in full at the end of each year. a. how much would sauer food company save in interest over the three-year life of the computer system if the one-year loan is utilized and the loan is rolled over (reborrowed) each year at the same 12 percent rate? compare this to the 14 percent three-year loan.