Attached please find a word document to be solved.

Q U EST I O N 1 In New York, you can exchange $1 for 0.8984 or 0.7589. Suppose that, in Berlin, 1 costs 1.1618. How much profit can you earn on $13,829 using triangle arbitrage? Enter your answer rounded off to two decimal points. Do not enter $ or comma in the answer box. For example, if your answer is $12.345 then enter as 12.35 in the answer box. Q U EST I O N 2 ABC Company sells 4,141 chairs a year at an average price per chair of $143. The carrying cost per unit is $24.85. The company orders 500 chairs at a time and has a fixed order cost of $109 per order. The chairs are sold out before they are restocked. What is the economic order quantity? Enter your answer rounded off to two decimal points. Do not enter comma in the answer box. For example, if your answer is 12.345 then enter as 12.35 in the answer box. Q U EST I O N 3 ABC Company sells 2,160 chairs a year at an average price per chair of $174. The carrying cost per unit is $25.58. The company orders 422 chairs at a time and has a fixed order cost of $80 per order. The chairs are sold out before they are restocked. What are the total shortage costs? Enter your answer rounded off to two decimal points. Do not enter comma or $ in the answer box. For example, if your answer is 12.345 then enter as 12.35 in the answer box. Q U EST I O N 4 Your friend from Germany has decided to come and visit you in the United States. You estimate the cost of her trip at $4,429. What is the cost to her in euros if the U.S. dollar equivalent of the euro is 1.3828? Q U EST I O N 5 You can exchange $1 for either C$1.209 or 114.09. What is the cross rate between the Japanese yen and the Canadian dollar? That is, solve for per C$. Q U EST I O N 6 Suppose the exchange rate between U.S. dollars and Swiss francs is SF 1.0416 = $1.00, and the exchange rate between the U.S. dollar and the euro is $1.00 = 0.9155 euros. What is the cross-rate of euros to Swiss francs (Euro/SF)? Enter your answer rounded off to FOUR decimal points. Q U EST I O N 7 ABC Company sells 2,324 chairs a year at an average price per chair of $144. The carrying cost per unit is $57.9. The company orders 402 chairs at a time and has a fixed order cost of $38 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? Enter your answer rounded off to two decimal points. Do not enter comma in the answer box. For example, if your answer is 12.345 then enter as 12.35 in the answer box. Q U EST I O N 8 ABC Company sells 2,513 chairs a year at an average price per chair of $178. The carrying cost per unit is $30.53. The company orders 591 chairs at a time and has a fixed order cost of $44.9 per order. The chairs are sold out before they are restocked. What are the total carrying costs? Enter your answer rounded off to two decimal points. Do not enter comma or $ in the answer box. For example, if your answer is 12.345 then enter as 12.35 in the answer box. Q U EST I O N 9 Suppose one U.S. dollar can purchase 134 yen today. If the yen depreciates by 4% tomorrow, how many yen could one U.S. dollar buy tomorrow? Enter your answer rounded off to two decimal points. For example, if your answer is 12.345 then enter as 12.35 in the answer box. Q U EST I O N 1 0 The exchange rate is 0.931 Swiss francs per U.S. dollar. How many U.S. dollars are needed to purchase 8,195 Swiss francs? Enter your answer rounded off to two decimal points. Do not enter $ in the answer box. For example, if your answer is $12.345 then enter as 12.35 in the answer box. Q U EST I O N 1 1 You just returned from a trip to Venezuela and have 9,563 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 0.1415? Enter your answer rounded off to two decimal points. Do not enter $ or comma in the answer box. For example, if your answer is $12.345 then enter as 12.35 in the answer box. Q U EST I O N 1 2 The exchange rate is 0.9981 Swiss francs per U.S. dollar. How many U.S. dollars are needed to purchase 1 Swiss franc? Enter your answer rounded off to two decimal points. Do not enter $ in the answer box. For example, if your answer is $12.345 then enter as 12.35 in the answer box. Q U EST I O N 1 3 Suppose the exchange rate between U.S. dollars and Swiss francs is SF 1.3433 = $1.00, and the exchange rate between the U.S. dollar and the euro is $1.00 = 0.9121 euros. What is the cross-rate of Swiss francs to euros (SF/Euro)? Enter your answer rounded off to FOUR decimal points. Q U EST I O N 1 In New York, you can exchange $1 for 0.8984 or 0.7589. Suppose that, in Berlin, 1 costs 1.1618. How much profit can you earn on $13,829 using triangle arbitrage? Enter your answer rounded off to two decimal points. Do not enter $ or comma in the answer box. For example, if your answer is $12.345 then enter as 12.35 in the answer box. We can make 1.90% profit on $13,829 using triangle arbitrage. The calculation is as follows: First at New York, 0.8984 = $1 or $13,829 = 12423.97, then at Berlin, 12423.97 = 10694, now at New York, 10694 = $14091. Q U EST I O N 2 ABC Company sells 4,141 chairs a year at an average price per chair of $143. The carrying cost per unit is $24.85. The company orders 500 chairs at a time and has a fixed order cost of $109 per order. The chairs are sold out before they are restocked. What is the economic order quantity? Enter your answer rounded off to two decimal points. Do not enter comma in the answer box. For example, if your answer is 12.345 then enter as 12.35 in the answer box. Economic ordering quantity: = (2Annual requirement buying cost per order Carrying cost per unit)^(12) = (24,141$109$24.85)^(12) = 190.60 units Q U EST I O N 3 ABC Company sells 2,160 chairs a year at an average price per chair of $174. The carrying cost per unit is $25.58. The company orders 422 chairs at a time and has a fixed order cost of $80 per order. The chairs are sold out before they are restocked. What are the total shortage costs? Enter your answer rounded off to two decimal points. Do not enter comma or $ in the answer box. For example, if your answer is 12.345 then enter as 12.35 in the answer box. Economic ordering quantity: = (2Annual requirement buying cost per order Carrying cost per unit)^(12) = (22,160$80$25.58)^(12) = 116.23 units STORAGE COST = EOQ/2 *STORAGE COST PER UNIT = 116.23/2*25.58 = $1,486.58 Q U EST I O N 4 Your friend from Germany has decided to come and visit you in the United States. You estimate the cost of her trip at $4,429. What is the cost to her in euros if the U.S. dollar equivalent of the euro is 1.3828? Euro Cost = $4,429 / 1.3828 = 3,202.92 euros Q U EST I O N 5 You can exchange $1 for either C$1.209 or 114.09. What is the cross rate between the Japanese yen and the Canadian dollar? That is, solve for per C$. 1 Yen = $1.209/114.09 = 0.01060 Q U EST I O N 6 Suppose the exchange rate between U.S. dollars and Swiss francs is SF 1.0416 = $1.00, and the exchange rate between the U.S. dollar and the euro is $1.00 = 0.9155 euros. What is the cross-rate of euros to Swiss francs (Euro/SF)? Enter your answer rounded off to FOUR decimal points. => 1 euro = 1.4016 / 0.9155 =1.5309 Q U EST I O N 7 ABC Company sells 2,324 chairs a year at an average price per chair of $144. The carrying cost per unit is $57.9. The company orders 402 chairs at a time and has a fixed order cost of $38 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? Enter your answer rounded off to two decimal points. Do not enter comma in the answer box. For example, if your answer is 12.345 then enter as 12.35 in the answer box. Economic ordering quantity: = (2Annual requirement buying cost per order Carrying cost per unit)^(12) = (22,324$38$57.9)^(12) = 55.23 units Q U EST I O N 8 ABC Company sells 2,513 chairs a year at an average price per chair of $178. The carrying cost per unit is $30.53. The company orders 591 chairs at a time and has a fixed order cost of $44.9 per order. The chairs are sold out before they are restocked. What are the total carrying costs? Enter your answer rounded off to two decimal points. Do not enter comma or $ in the answer box. For example, if your answer is 12.345 then enter as 12.35 in the answer box. Economic ordering quantity: = (2Annual requirement buying cost per order Carrying cost per unit)^(12) = (22,513$44.9$30.53)^(12) = 85.97 units Carrying costs: = 85.97 units $30.532 = $1,312.41 Q U EST I O N 9 Suppose one U.S. dollar can purchase 134 yen today. If the yen depreciates by 4% tomorrow, how many yen could one U.S. dollar buy tomorrow? Enter your answer rounded off to two decimal points. For example, if your answer is 12.345 then enter as 12.35 in the answer box. =134*(1+4%) = 139.36 yen Q U EST I O N 1 0 The exchange rate is 0.931 Swiss francs per U.S. dollar. How many U.S. dollars are needed to purchase 8,195 Swiss francs? Enter your answer rounded off to two decimal points. Do not enter $ in the answer box. For example, if your answer is $12.345 then enter as 12.35 in the answer box. US dollar = 8,195 * 0.931 = 7629.55 Q U EST I O N 1 1 You just returned from a trip to Venezuela and have 9,563 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 0.1415? Enter your answer rounded off to two decimal points. Do not enter $ or comma in the answer box. For example, if your answer is $12.345 then enter as 12.35 in the answer box. US dollar = 9,563 * 0.1415 = 1353.16 Q U EST I O N 1 2 The exchange rate is 0.9981 Swiss francs per U.S. dollar. How many U.S. dollars are needed to purchase 1 Swiss franc? Enter your answer rounded off to two decimal points. Do not enter $ in the answer box. For example, if your answer is $12.345 then enter as 12.35 in the answer box. US dollar = 1 * 0.9981 = 0.9981 Q U EST I O N 1 3 Suppose the exchange rate between U.S. dollars and Swiss francs is SF 1.3433 = $1.00, and the exchange rate between the U.S. dollar and the euro is $1.00 = 0.9121 euros. What is the cross-rate of Swiss francs to euros (SF/Euro)? Enter your answer rounded off to FOUR decimal points. (SF/Euro) = 1.3433*0.9121 = 1.2262 Q U EST I O N 1 In New York, you can exchange $1 for 0.8984 or 0.7589. Suppose that, in Berlin, 1 costs 1.1618. How much profit can you earn on $13,829 using triangle arbitrage? Enter your answer rounded off to two decimal points. Do not enter $ or comma in the answer box. For example, if your answer is $12.345 then enter as 12.35 in the answer box. We can make 1.90% profit on $13,829 using triangle arbitrage. The calculation is as follows: First at New York, 0.8984 = $1 or $13,829 = 12423.97, then at Berlin, 12423.97 = 10694, now at New York, 10694 = $14091. Q U EST I O N 2 ABC Company sells 4,141 chairs a year at an average price per chair of $143. The carrying cost per unit is $24.85. The company orders 500 chairs at a time and has a fixed order cost of $109 per order. The chairs are sold out before they are restocked. What is the economic order quantity? Enter your answer rounded off to two decimal points. Do not enter comma in the answer box. For example, if your answer is 12.345 then enter as 12.35 in the answer box. Economic ordering quantity: = (2Annual requirement buying cost per order Carrying cost per unit)^(12) = (24,141$109$24.85)^(12) = 190.60 units Q U EST I O N 3 ABC Company sells 2,160 chairs a year at an average price per chair of $174. The carrying cost per unit is $25.58. The company orders 422 chairs at a time and has a fixed order cost of $80 per order. The chairs are sold out before they are restocked. What are the total shortage costs? Enter your answer rounded off to two decimal points. Do not enter comma or $ in the answer box. For example, if your answer is 12.345 then enter as 12.35 in the answer box. Economic ordering quantity: = (2Annual requirement buying cost per order Carrying cost per unit)^(12) = (22,160$80$25.58)^(12) = 116.23 units STORAGE COST = EOQ/2 *STORAGE COST PER UNIT = 116.23/2*25.58 = $1,486.58 Q U EST I O N 4 Your friend from Germany has decided to come and visit you in the United States. You estimate the cost of her trip at $4,429. What is the cost to her in euros if the U.S. dollar equivalent of the euro is 1.3828? Euro Cost = $4,429 / 1.3828 = 3,202.92 euros Q U EST I O N 5 You can exchange $1 for either C$1.209 or 114.09. What is the cross rate between the Japanese yen and the Canadian dollar? That is, solve for per C$. 1 Yen = $1.209/114.09 = 0.01060 Q U EST I O N 6 Suppose the exchange rate between U.S. dollars and Swiss francs is SF 1.0416 = $1.00, and the exchange rate between the U.S. dollar and the euro is $1.00 = 0.9155 euros. What is the cross-rate of euros to Swiss francs (Euro/SF)? Enter your answer rounded off to FOUR decimal points. => 1 euro = 1.4016 / 0.9155 =1.5309 Q U EST I O N 7 ABC Company sells 2,324 chairs a year at an average price per chair of $144. The carrying cost per unit is $57.9. The company orders 402 chairs at a time and has a fixed order cost of $38 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? Enter your answer rounded off to two decimal points. Do not enter comma in the answer box. For example, if your answer is 12.345 then enter as 12.35 in the answer box. Economic ordering quantity: = (2Annual requirement buying cost per order Carrying cost per unit)^(12) = (22,324$38$57.9)^(12) = 55.23 units Q U EST I O N 8 ABC Company sells 2,513 chairs a year at an average price per chair of $178. The carrying cost per unit is $30.53. The company orders 591 chairs at a time and has a fixed order cost of $44.9 per order. The chairs are sold out before they are restocked. What are the total carrying costs? Enter your answer rounded off to two decimal points. Do not enter comma or $ in the answer box. For example, if your answer is 12.345 then enter as 12.35 in the answer box. Economic ordering quantity: = (2Annual requirement buying cost per order Carrying cost per unit)^(12) = (22,513$44.9$30.53)^(12) = 85.97 units Carrying costs: = 85.97 units $30.532 = $1,312.41 Q U EST I O N 9 Suppose one U.S. dollar can purchase 134 yen today. If the yen depreciates by 4% tomorrow, how many yen could one U.S. dollar buy tomorrow? Enter your answer rounded off to two decimal points. For example, if your answer is 12.345 then enter as 12.35 in the answer box. =134*(1+4%) = 139.36 yen Q U EST I O N 1 0 The exchange rate is 0.931 Swiss francs per U.S. dollar. How many U.S. dollars are needed to purchase 8,195 Swiss francs? Enter your answer rounded off to two decimal points. Do not enter $ in the answer box. For example, if your answer is $12.345 then enter as 12.35 in the answer box. US dollar = 8,195 * 0.931 = 7629.55 Q U EST I O N 1 1 You just returned from a trip to Venezuela and have 9,563 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 0.1415? Enter your answer rounded off to two decimal points. Do not enter $ or comma in the answer box. For example, if your answer is $12.345 then enter as 12.35 in the answer box. US dollar = 9,563 * 0.1415 = 1353.16 Q U EST I O N 1 2 The exchange rate is 0.9981 Swiss francs per U.S. dollar. How many U.S. dollars are needed to purchase 1 Swiss franc? Enter your answer rounded off to two decimal points. Do not enter $ in the answer box. For example, if your answer is $12.345 then enter as 12.35 in the answer box. US dollar = 1 * 0.9981 = 0.9981 Q U EST I O N 1 3 Suppose the exchange rate between U.S. dollars and Swiss francs is SF 1.3433 = $1.00, and the exchange rate between the U.S. dollar and the euro is $1.00 = 0.9121 euros. What is the cross-rate of Swiss francs to euros (SF/Euro)? Enter your answer rounded off to FOUR decimal points. (SF/Euro) = 1.3433*0.9121 = 1.2262