1.Suppose one U.S. dollar can purchase 169 yen today. If the yen depreciates by 3% tomorrow, how many yen could one U.S. dollar buy tomorrow?

2. You just returned from a trip to Venezuela and have 9,156 bolivares fuertes in your pocket. How many dollars will you receive when you exchange this money if the U.S. dollar equivalent of the bolivares fuertes is 0.1311?

3. The exchange rate is 0.9458 Swiss francs per U.S. dollar. How many U.S. dollars are needed to purchase 1 Swiss franc?

4.ABC Company sells 4,408 chairs a year at an average price per chair of $164. The carrying cost per unit is $25.33. The company orders 511 chairs at a time and has a fixed order cost of $166 per order. The chairs are sold out before they are restocked. How many orders will company place if it follows the economic order quantity model?

5.ABC Company sells 3,547 chairs a year at an average price per chair of $168. The carrying cost per unit is $25.54. The company orders 500 chairs at a time and has a fixed order cost of $123 per order. The chairs are sold out before they are restocked. What is the economic order quantity?

6.Suppose the exchange rate between U.S. dollars and Swiss francs is SF 1.2171 = $1.00, and the exchange rate between the U.S. dollar and the euro is $1.00 = 0.9711 euros. What is the cross-rate of euros to Swiss francs (Euro/SF)?

7.You can exchange $1 for either C$1.0551 or 120.12. What is the cross rate between the Japanese yen and the Canadian dollar? That is, solve for per C$

8.Suppose the exchange rate between U.S. dollars and Swiss francs is SF 1.3042 = $1.00, and the exchange rate between the U.S. dollar and the euro is $1.00 = 1.1119 euros. What is the cross-rate of Swiss francs to euros (SF/Euro)?

9. Your friend from Germany has decided to come and visit you in the United States. You estimate the cost of her trip at $2,790. What is the cost to her in euros if the U.S. dollar equivalent of the euro is 1.2944?

10.ABC Company sells 2,788 chairs a year at an average price per chair of $146. The carrying cost per unit is $33.88. The company orders 572 chairs at a time and has a fixed order cost of $41.3 per order. The chairs are sold out before they are restocked. What are the total carrying costs?

11.ABC Company sells 4,530 chairs a year at an average price per chair of $175. The carrying cost per unit is $39.27. The company orders 331 chairs at a time and has a fixed order cost of $121.9 per order. The chairs are sold out before they are restocked. What are the total shortage costs?

12.The exchange rate is 1.1379 Swiss francs per U.S. dollar. How many U.S. dollars are needed to purchase 5,800 Swiss francs?

13. In New York, you can exchange $1 for 0.8342 or 0.6171. Suppose that, in Berlin, 1 costs 1.1971. How much profit can you earn on $36,146 using triangle arbitrage?