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mafiozo [28]
3 years ago
14

It is common practice among currency traders worldwide to both price and trade currencies against the U.S. dollar. Consider a cu

rrency dealer who makes a market in 5 currencies against the dollar. If he were to supply quotes for each currency in terms of all of the others, how many quotes would he have to provide?
Business
1 answer:
VLD [36.1K]3 years ago
3 0

Answer:

It is common practice among currency traders worldwide to both price and trade currencies against the U.S. dollar. If a currency dealer who makes a market in 5 currencies against the dollar. If he were to supply quotes for each currency in terms of all of the others, he would have to provide 30 different quotes. There are 6 total currencies including U.S. dollar, therefore, he would be providing 5 different quotes for one single currency, therefore, to provide quotes for 6 currencies, he would have to provide 30 different quotes as six multiplied by 5 comes 30.

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Co-marketing refers to _____.
Valentin [98]

Answer: Option D

Explanation: In simple words, co- marketing refers to the process in which two firms of an industry, who serves the same audience, combines ther resources for increasing their scale of operations with the ultimate goal of increasing profits.

Generally such arrangements do not happen between two major competitors in an industry. This is more common in international businesses where one firm has technology and other has customer base.

Hence from the above we can conclude that the correct option is D .

6 0
3 years ago
Bell Computers purchases integrated chips at ​$350 per chip. The holding cost is ​$35 per unit per​ year, the ordering cos
valentina_108 [34]

Answer:

<h3><u>When holding costs are $35 per unit</u>,</h3>

1.The most cost-effective order quantity (assuming they take the most cost-effective discount, and use a fixed holding cost) is <u>182 units</u>.

2. At the chosen level of quantity, discount, and using the fixed holding cost, the total annual cost for Bell computers to order, purchase, and hold the integrated chips is <u>$1,585,898</u>.

<h3><u>When holding costs are 10% of purchase price per unit,</u></h3>

1.The most cost-effective order quantity (assuming they take the most cost-effective discount, and use a fixed holding cost) is <u>189 units</u>.

2. At the chosen level of quantity, discount, and using the fixed holding cost, the total annual cost for Bell computers to order, purchase, and hold the integrated chips is <u>$1,585,546.</u>

<h3>When holding costs are $35 per unit,</h3>

We follow these steps to arrive at the answer:

1. We have

Ordering Costs per order   $119

Holding Cost per unit            $35

Demand per month            405 units

Demand per year is                                405*12 = 4860 units

Since the most cost-effective order quantity is the Economic Order Quantity (EOQ), we compute the EOQ

\mathbf{EOQ = \sqrt{\frac{2SD}{H}}}

where

D is  demand per year

S is the Ordering cost per order

H is the holding cost per unit

Substituting the values we get,

EOQ = \sqrt{\frac{2*(405*12)*119}{35}}

EOQ = \sqrt{33048}

\mathbf{EOQ = 181.7910889 \approx 182 units}

2. The annual costs of ordering, purchasing and holding the integrated chips is the sum of the cost of ordering, purchasing and holding the integrated  chips.

Since the EOQ at 182 units falls in the second slab of Rich Blue Manufacturing, Bell computer can purchase chips at $325 per unit

Cost of purchasing the chips     \mathbf{405*12*325 = 1579500}

Number of orders to placed         \frac{Annual Demand}{EOQ}

Number of orders to placed         \frac{405*12}{182}

Number of orders to placed   \mathbf{26.703 \approx 27 orders}

Cost of orders                           Number of orders * Cost per order

Cost of orders                               \mathbf{27 * 119 = 3213&#10;}

Holding Costs                        \frac{EOQ}{2} * Holding cost per unit

Holding Costs                               \frac{182}{2} * 35

Holding Costs                               \mathbf{3185&#10;}

Total annual costs       \mathbf{1579500 + 3213 + 3185 = 1585898}

<h3>When holding costs are 10% of purchase price per unit,</h3>

1. We need to calculate the EOQ, which holding cost at each purchase price

EOQ_{350} = (2*(405*12)*119)/(350*0.10) \approx 182 units

\mathbf{EOQ_{325} = (2*(405*12)*119)/(325*0.10)\approx 189 units}

EOQ_{300} = (2*(405*12)*119)/(300*0.10)\approx 197 units

Since the EOQ lies between 100 and 199 units in all the three costs, Bell Computers can purchase the units only at $325 per unit, so its holding cost will be 10% of $325, which is $32.50 per unit.

2.2. The annual costs of ordering, purchasing and holding the integrated chips is the sum of the cost of ordering, purchasing and holding the integrated  chips.

Since the EOQ at 189 units falls in the second slab of Rich Blue Manufacturing, Bell computer can purchase chips at $325 per unit

Cost of purchasing the chips     \mathbf{405*12*325 = 1579500}

Number of orders to placed         \frac{Annual Demand}{EOQ}

Number of orders to placed         \frac{405*12}{189}

Number of orders to placed   \mathbf{24.762 \approx 25 orders}

Cost of orders                           Number of orders * Cost per order

Cost of orders                               \mathbf{25 * 119 = 2975  }

Holding Costs                        \frac{EOQ}{2} * Holding cost per unit

Holding Costs                               \frac{189}{2} * 32.5

Holding Costs                               \mathbf{3071.25&#10;}

Total annual costs    \mathbf{1579500 + 2975 + 3071.25 = 1585546.25&#10;}

<h3></h3>
7 0
3 years ago
On January 1, 2017, Panther, Inc., issued securities with a total fair value of $564,000 for 100 percent of Stark Corporation's
Alexus [3.1K]

Answer:

Answer for this question is explained din the attachment.

Explanation:

8 0
3 years ago
What alternatives are available to brent in regards to the audit of payables? what are the pros and cons of each alternative?
svetoff [14.1K]

Brent may refuse to work overtime - Pros: Brent mends a strained relationship with his wife and remains morally right by not reporting abusive working hours during his engagement.

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This could hinder Brent from future promotions in his company, impacting his income and...showing more content.

Advertising refers to any kind of marketing communication used to educate an audience about the relative merits of a product, service, brand, or issue, and is usually persuasive in nature.

This helps marketers create a unique place in the customer's mind. This is either a cognitive or an emotional way.

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3 0
1 year ago
The transportation model, when applied to location analysis: maximizes revenues. minimizes total fixed costs. minimizes total pr
NikAS [45]

Answer:

Correct Answer:

4. minimizes total transportation costs.

Explanation:

When a good transportation method is applied, it helps in minimizing the transportation cost involved in moving goods and services from one location to another. <em>For example, it cost 2 million dollars to transport a particular product. With good transportation model, it would definitely be cheaper.</em>

5 0
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