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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

  1. 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

  1. 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

  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?

QUESTION 12

  1. 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

  1. 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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