ABC Company sells 2,976 chairs a year at an average price per chair of $161. The carrying cost per unit is $15.22. The company orders 500 chairs at a time and has a fixed order cost of $101 per order. The chairs are sold out before they are restocked. What is the economic order quantity?
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
You can exchange $1 for either C$1.2931 or ¥138.07. What is the cross rate between the Japanese yen and the Canadian dollar? That is, solve for ¥ per C$.