1. Suppose the exchange rate between U.S. dollars and Swiss francs is SF 1.119 = $1.00, and the exchange rate between the U.S. dollar and the euro is $1.00 = 0.9139 euros. What is the cross-rate of euros to Swiss francs (Euro/SF)?
Enter your answer rounded off to FOUR decimal points.
2. Suppose one U.S. dollar can purchase 128 yen today. If the yen depreciates by 2% tomorrow, how many yen could one U.S. dollar buy tomorrow?
3. In New York, you can exchange $1 for â¬0.8698 or £0.6758. Suppose that, in Berlin, £1 costs â¬1.1981. How much profit can you earn on $31,683 using triangle arbitrage?
4. Your friend from Germany has decided to come and visit you in the United States. You estimate the cost of her trip at $7,328. What is the cost to her in euros if 1 Euro = $1.3085?
5. ABC Company sells 2,765 chairs a year at an average price per chair of $132. The carrying cost per unit is $22.27. The company orders 500 chairs at a time and has a fixed order cost of $120 per order. The chairs are sold out before they are restocked. What is the economic order quantity?
6. You can exchange $1 for either C$1.2862 or ¥135.01. What is the cross rate between the Japanese yen and the Canadian dollar? That is, solve for ¥ per C$
7. The exchange rate is 1.0449 Swiss francs per U.S. dollar. How many U.S. dollars are needed to purchase 1 Swiss franc?
8. ABC Company sells 3,531 chairs a year at an average price per chair of $157. The carrying cost per unit is $30.42. The company orders 591 chairs at a time and has a fixed order cost of $120.6 per order. The chairs are sold out before they are restocked. What are the total carrying costs?
9. The exchange rate is 0.9643 Swiss francs per U.S. dollar. How many U.S. dollars are needed to purchase 9,278 Swiss francs?
10. 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?
11. Suppose the exchange rate between U.S. dollars and Swiss francs is SF 1.2064 = $1.00, and the exchange rate between the U.S. dollar and the euro is $1.00 = 0.9252 euros. What is the cross-rate of Swiss francs to euros (SF/Euro)?
12. You just returned from a trip to Venezuela and have 9,802 bolivares fuertes in your pocket. How many dollars will you receive when you exchange this money if 1 Venezuelan Bolivar = $0.1303?
13. ABC Company sells 2,806 chairs a year at an average price per chair of $170. The carrying cost per unit is $45.85. The company orders 547 chairs at a time and has a fixed order cost of $57 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?