Consider a u. s. importer desiring to purchase merchandise from a dutch exporter invoiced in euros, at a cost of €512,100. the u. s. importer will contact his u. s. bank (where of course he has an account denominated in u. s. dollars) and inquire about the exchange rate, which the bank quotes as €1.0242/$1.00. the importer accepts this price, so his bank will the importer's account in the amount of

Mr. beautiful, an organization that sells weight training sets, has an ordering cost of $40 for the bb-1 set. (bb-1 stands for body beautiful number 1.) the carrying cost for bb-1 is $5 per set per year. to meet demand, mr. beautiful orders large quantities of bb-1 seven times a year. the stockout cost for bb-1 is estimated to be $50 per set. over the past several years, mr. beautiful has observed the following demand during the lead time for bb-1: demand during lead time probability40 0.150 0.260 0.270 0.280 0.290 0.1total 1.0the reorder point for bb-1 is 60 sets. what level of safety stock should be maintained for bb-1?