1. How to find the total shortage for Company sells 2338 chairs a year at an average price per chair of $185. The carrying cost per unit is $25.67. The company orders 579 chairs at a time and has a fixed order cost of $53.4 per order. The chairs are sold out before they are restocked.
2. Your friend from Netherlands is planning to visit you in the United States. You estimate the cost of her trip at $2649. What is the cost to her in euros if 1 Euro = $1.2053
3. The exchange rate is 1.0046 Swiss francs per U.S. dollar. How many U.S. dollars are needed to purchase 8931 Swiss francs
ABC Company has projected Sales of $7938 in January. The sales are expected to grow by12% each month. ABC's collection schedule is as follows:
ABC collects 14 percent of its sales in the month of sale and the remainder is collected in the following month. What is the amount of the March cash collections?
5. Annual demand = 175229 units
Carrying costs = $0.55 per unit
Fixed Costs per order =$6.2
Number of orders = 35
What are the total costs