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QUESTION 9 Suppose the exchange rate between U.S. dollars and Swiss francs is SF 1.2492 = $1.00, and the exchange rate between the U.S. dollar
QUESTION 9
- Suppose the exchange rate between U.S. dollars and Swiss francs is SF 1.2492 = $1.00, and the exchange rate between the U.S. dollar and the euro is $1.00 = 1.075 euros. What is the cross-rate of Swiss francs to euros (SF/Euro)?Enter your answer rounded off to FOUR decimal points.
QUESTION 10
- The exchange rate is 0.9606 Swiss francs per U.S. dollar. How many U.S. dollars are needed to purchase 9,670 Swiss francs?
QUESTION 11
- 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?
QUESTION 12
- ABC Company sells 3,639 chairs a year at an average price per chair of $178. The carrying cost per unit is $18.07. The company orders 243 chairs at a time and has a fixed order cost of $120.9 per order. The chairs are sold out before they are restocked. What are the total shortage costs?
QUESTION 13
- ABC Company sells 2,055 chairs a year at an average price per chair of $164. The carrying cost per unit is $33.59. The company orders 500 chairs at a time and has a fixed order cost of $79 per order. The chairs are sold out before they are restocked. What is the economic order quantity?
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