1. Your friend from Netherlands is planning to visit you in the United States. You estimate the cost of her trip at $5,410. What is the cost to her in euros if 1 Euro = $1.4001
2. ABC Company sells 4,990 chairs a year at an average price per chair of $136. The carrying cost per unit is $25.67. The company orders 471 chairs at a time and has a fixed order cost of $108.4 per order. The chairs are sold out before they are restocked. What are the total shortage costs.