Please see the attached file and let me know if you have any questions about the material. There are 13 questions total. Please round all answers to two decimal places. Thank you so much for your help!

1. You can exchange $1 for either C$1.057 or 117.77. What is the cross rate between the Japanese Yen and the Canadian Dollar? That is, solve for per C$. 2. Your friend from Germany has decided to come and visit you in the United States. You estimate the cost of her trip at $7,126. What is the cost to her in euros if the U.S dollar equivalent of the euro is 1.021? 3. Suppose the exchange rate between U.S dollars and Swiss Francs is SF 1.2366=$1.00, and the exchange rate between the U.S dollar and the euro is $1.00= 1.0295 euros. What is the cross-rate of Euros to Swiss Francs (Euro/SF)? 4. ABC Company sells 3,376 chairs a year at an average price per chair of $157. The carrying cost per unit is $16.25. The company orders 235 chairs at a time and has a fixed order cost of $90.2 per order. The chairs are sold out before they are restocked. What are the total carrying costs? 5. You just returned from a trip to Venezuela and have 264 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 0.1545? 6. Suppose the exchange rate between U.S dollars and Swiss Francs is SF 1.3717=$1.00, and the exchange rate between the U.S dollar and the euro is $1.00= 1.0815 euros. What is the cross-rate of Swiss francs to euros (SF/Euro)? 7. Suppose one U.S dollar can purchase 139 yen today. If the yen depreciates by 14% tomorrow, how many yen could one U.S dollar buy tomorrow? 8. ABC Company sells 4,729 chairs a year at an average price per chair of $160. The carrying cost per unit is $58.21. The company orders 564 chairs at a time and has a fixed order cost of $29 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? 9. ABC Company sells 4,682 chairs a year at an average price per chair of $196. The carrying cost per unit is $34.1. The company orders 500 chairs at a time and has a fixed order cost of $37 per order. The chairs are sold out before they are restocked. What is the economic order quantity? 10.In New York, you can exchange $1 for 0.7824 or 0.6025. Suppose that, in Berlin, 1 cost 1.1712. How much profit can you earn on $36,816 using triangle arbitrage? 11.ABC Company sells 2,583 chairs a year at an average price per chair of $141. The carrying cost per unit is $28.89. The company orders 502 chairs at a time and has a fixed order cost of $92.8 per order. The chairs are sold out before they are restocked. What are the total shortage costs? 12.The exchange rate is 0.8863 Swiss francs per U.S dollar. How many U.S dollars are needed to purchase 9.678 Swiss francs? 13. The exchange rate is 0.9981 Swiss francs per U.S dollar. How many U.S dollars are needed to purchase 1 Swiss franc? 1) You can exchange $1 for either C$1.057 or 117.77. What is the cross rate between the Japanese Yen an That is, solve for per C$ Answer: $1 = 1.057 C$ $1 = 117.77 per C$ = 111.42 per C$ 2) Your friend from Germany has decided to come and visit you in the United States. You estimate the cos What is the cost to her in euros if the U.S dollar equivalent of the euro is 1.021? Answer: Cost of Trip = $7,126 $1 = 1.021 Cost of Euro = 6,979.43 3) Suppose the exchange rate between U.S dollars and Swiss Francs is SF 1.2366=$1.00, and the exchang dollar and the euro is $1.00= 1.0295 euros. What is the cross-rate of Euros to Swiss Francs (Euro/SF)? Answer: $1 = $1 = SF to Euro = 1.2366 1.0295 1.20 SF Euros 4) ABC Company sells 3,376 chairs a year at an average price per chair of $157. The carrying cost per uni company orders 235 chairs at a time and has a fixed order cost of $90.2 per order. The chairs are sold o restocked. What are the total carrying costs? Answer: Chairs Sold = 3,376 a year Avg Price = $157 per chair Carrying Cost = $16.25 per unit Chairs Ordered = 235 at a time Fixed Order Cost = $90.20 per order Total Carrying Cost = $1,909.38 5) You just returned from a trip to Venezuela and have 264 Bolivares Fuertes in your pocket. How many d when you exchange this money if the U.S dollar equivalent of the Bolivares Fuertes is 0.1545? Answer: Bolivares Fuertes = 264 $1 = 0.1545 Bolivares Fuertes Dollar Equivalent = $40.79 6) Suppose the exchange rate between U.S dollars and Swiss Francs is SF 1.3717=$1.00, and the exchang dollar and the euro is $1.00= 1.0815 euros. What is the cross-rate of Swiss francs to euros (SF/Euro)? Answer: $1 $1.00 Cross Rate = = = 1.3717 1.0815 1.27 SF Euro SFr per Euro 7) Suppose one U.S dollar can purchase 139 yen today. If the yen depreciates by 14% tomorrow, how man dollar buy tomorrow? Answer: $1 = 139 Yen Depriciation = 14% $1 can buy = 158.46 Yen 8) ABC Company sells 4,729 chairs a year at an average price per chair of $160. The carrying cost per uni company orders 564 chairs at a time and has a fixed order cost of $29 per order. The chairs are sold out restocked. How many orders will company place if it follows the economic order quantity model? Answer: Chairs Sold = 4,729 a year Avg Price of Chair = $160 per chair Carrying Cost = $58.21 per unit Number of Chairs = 564 at a time Fixed Order Cost = $29 per order EOQ = 24 Carpets 9) ABC Company sells 4,682 chairs a year at an average price per chair of $196. The carrying cost per uni orders 500 chairs at a time and has a fixed order cost of $37 per order. The chairs are sold out before th the economic order quantity? Answer: Chairs Sold = 4,682 a year Avg Price of Chair = $196 per chair Carrying Cost = $34.10 per unit Number of Chairs = 500 at a time Fixed Order Cost = $37 per order EOQ = 101 Carpets 10) In New York, you can exchange $1 for 0.7824 or 0.6025. Suppose that, in Berlin, 1 cost 1.1712. H earn on $36,816 using triangle arbitrage? Answer: $1 = 0.7824 0.6025 1.00 = 1.1712 Amount Used = $36,816 Step 1: 28,804.84 Step 2: Step 3: Therefore, Profit = $ 24,594.30 40,820.41 $4,004.41 11) ABC Company sells 2,583 chairs a year at an average price per chair of $141. The carrying cost per uni company orders 502 chairs at a time and has a fixed order cost of $92.8 per order. The chairs are sold o restocked. What are the total shortage costs? Answer: Chairs Sold = 2,583 a year Avg Price of Chair = $141 per chair Carrying Cost = $28.89 per unit Number of Chairs = 502 at a time Fixed Order Cost = $92.80 per order Total Shortage Cost = $477.49 12) The exchange rate is 0.8863 Swiss francs per U.S dollar. How many U.S dollars are needed to purchase Answer: $1 = 0.8863 SF ?= 9.678 SF SF 9.678 = $10.92 13) The exchange rate is 0.9981 Swiss francs per U.S dollar. How many U.S dollars are needed to purchase Answer: $1 = 0.9981 SF ?= 1 SF SF 1 = $1.0019 between the Japanese Yen and the Canadian Dollar? States. You estimate the cost of her trip at $7,126. 021? 366=$1.00, and the exchange rate between the U.S o Swiss Francs (Euro/SF)? 7. The carrying cost per unit is $16.25. The order. The chairs are sold out before they are n your pocket. How many dollars will you receive Fuertes is 0.1545? 717=$1.00, and the exchange rate between the U.S francs to euros (SF/Euro)? by 14% tomorrow, how many yen could one U.S 0. The carrying cost per unit is $58.21. The rder. The chairs are sold out before they are order quantity model? 6. The carrying cost per unit is $34.1. The company chairs are sold out before they are restocked. What is n Berlin, 1 cost 1.1712. How much profit can you 1. The carrying cost per unit is $28.89. The order. The chairs are sold out before they are llars are needed to purchase 9.678 Swiss francs? llars are needed to purchase 1 Swiss franc? 1) You can exchange $1 for either C$1.057 or 117.77. What is the cross rate between the Japanese Yen an That is, solve for per C$ Answer: $1 = 1.057 C$ $1 = 117.77 per C$ = 111.42 per C$ 2) Your friend from Germany has decided to come and visit you in the United States. You estimate the cos What is the cost to her in euros if the U.S dollar equivalent of the euro is 1.021? Answer: Cost of Trip = $7,126 $1 = 1.021 Cost of Euro = 6,979.43 3) Suppose the exchange rate between U.S dollars and Swiss Francs is SF 1.2366=$1.00, and the exchang dollar and the euro is $1.00= 1.0295 euros. What is the cross-rate of Euros to Swiss Francs (Euro/SF)? Answer: $1 = $1 = SF to Euro = 1.2366 1.0295 1.20 SF Euros 4) ABC Company sells 3,376 chairs a year at an average price per chair of $157. The carrying cost per uni company orders 235 chairs at a time and has a fixed order cost of $90.2 per order. The chairs are sold o restocked. What are the total carrying costs? Answer: Chairs Sold = 3,376 a year Avg Price = $157 per chair Carrying Cost = $16.25 per unit Chairs Ordered = 235 at a time Fixed Order Cost = $90.20 per order Total Carrying Cost = $1,909.38 5) You just returned from a trip to Venezuela and have 264 Bolivares Fuertes in your pocket. How many d when you exchange this money if the U.S dollar equivalent of the Bolivares Fuertes is 0.1545? Answer: Bolivares Fuertes = 264 $1 = 0.1545 Bolivares Fuertes Dollar Equivalent = $40.79 6) Suppose the exchange rate between U.S dollars and Swiss Francs is SF 1.3717=$1.00, and the exchang dollar and the euro is $1.00= 1.0815 euros. What is the cross-rate of Swiss francs to euros (SF/Euro)? Answer: $1 $1.00 Cross Rate = = = 1.3717 1.0815 1.27 SF Euro SFr per Euro 7) Suppose one U.S dollar can purchase 139 yen today. If the yen depreciates by 14% tomorrow, how man dollar buy tomorrow? Answer: $1 = 139 Yen Depriciation = 14% $1 can buy = 158.46 Yen 8) ABC Company sells 4,729 chairs a year at an average price per chair of $160. The carrying cost per uni company orders 564 chairs at a time and has a fixed order cost of $29 per order. The chairs are sold out restocked. How many orders will company place if it follows the economic order quantity model? Answer: Chairs Sold = 4,729 a year Avg Price of Chair = $160 per chair Carrying Cost = $58.21 per unit Number of Chairs = 564 at a time Fixed Order Cost = $29 per order EOQ = 24 Carpets 9) ABC Company sells 4,682 chairs a year at an average price per chair of $196. The carrying cost per uni orders 500 chairs at a time and has a fixed order cost of $37 per order. The chairs are sold out before th the economic order quantity? Answer: Chairs Sold = 4,682 a year Avg Price of Chair = $196 per chair Carrying Cost = $34.10 per unit Number of Chairs = 500 at a time Fixed Order Cost = $37 per order EOQ = 101 Carpets 10) In New York, you can exchange $1 for 0.7824 or 0.6025. Suppose that, in Berlin, 1 cost 1.1712. H earn on $36,816 using triangle arbitrage? Answer: $1 = 0.7824 0.6025 1.00 = 1.1712 Amount Used = $36,816 Step 1: 28,804.84 Step 2: Step 3: Therefore, Profit = $ 24,594.30 40,820.41 $4,004.41 11) ABC Company sells 2,583 chairs a year at an average price per chair of $141. The carrying cost per uni company orders 502 chairs at a time and has a fixed order cost of $92.8 per order. The chairs are sold o restocked. What are the total shortage costs? Answer: Chairs Sold = 2,583 a year Avg Price of Chair = $141 per chair Carrying Cost = $28.89 per unit Number of Chairs = 502 at a time Fixed Order Cost = $92.80 per order Total Shortage Cost = $477.49 12) The exchange rate is 0.8863 Swiss francs per U.S dollar. How many U.S dollars are needed to purchase Answer: $1 = 0.8863 SF ?= 9.678 SF SF 9.678 = $10.92 13) The exchange rate is 0.9981 Swiss francs per U.S dollar. How many U.S dollars are needed to purchase Answer: $1 = 0.9981 SF ?= 1 SF SF 1 = $1.0019 between the Japanese Yen and the Canadian Dollar? States. You estimate the cost of her trip at $7,126. 021? 366=$1.00, and the exchange rate between the U.S o Swiss Francs (Euro/SF)? 7. The carrying cost per unit is $16.25. The order. The chairs are sold out before they are n your pocket. How many dollars will you receive Fuertes is 0.1545? 717=$1.00, and the exchange rate between the U.S francs to euros (SF/Euro)? by 14% tomorrow, how many yen could one U.S 0. The carrying cost per unit is $58.21. The rder. The chairs are sold out before they are order quantity model? 6. The carrying cost per unit is $34.1. The company chairs are sold out before they are restocked. What is n Berlin, 1 cost 1.1712. How much profit can you 1. The carrying cost per unit is $28.89. The order. The chairs are sold out before they are llars are needed to purchase 9.678 Swiss francs? llars are needed to purchase 1 Swiss franc