You are a project manager for star light strings. star light manufactures strings of lights for outdoor display. its products range from simple light strings to elaborate lights with animal designs, bug designs, memorabilia, and so on. your newest project requires a change. one of the business unit managers submitted a change through the change control system, which utilizes a ccb (change control board). which of the following is true regarding the ccb? (a) the ccb approves or denies change requests (b) corrective action (c) changes control system (d) configuration management

Biochemical corp. requires $600,000 in financing over the next three years. the firm can borrow the funds for three years at 10.80 percent interest per year. the ceo decides to do a forecast and predicts that if she utilizes short-term financing instead, she will pay 7.50 percent interest in the first year, 12.15 percent interest in the second year, and 8.25 percent interest in the third year. assume interest is paid in full at the end of each year. a)determine the total interest cost under each plan. a) long term fixed rate: b) short term fixed rate: b) which plan is less costly? a) long term fixed rate plan b) short term variable rate plan