Suppose that you buy, and one year later sell, a foreign (british) bond under the following circumstances: when you buy the bond the exchange rate is $2.00 = pound1. you pay pound45 ($90) for the british bond. you sell the bond for pound50. no interest payment was expected or received. when you sell the bond, the exchange rate is $1.50 = pound1.
what is your gain or loss in dollars $

Jimmy's delicatessen sells large tins of tom tucker's toffee. the deli uses a periodic review system, checking inventory levels every 88 days, at which time an order is placed for more tins. order lead time is 22 days. daily demand is a constant 1515 tins, so average demand during the reorder period and order lead time (1010 days) is 150150 tins. draw a sawtooth diagram. assume that the beginning inventory level is equal to the restocking level and the desired service level is 99.9%. what is the safety stock level? (hint: look at the formula for calculating restocking level.) what is the average inventory level? the safety stock level is average inventory level is __chart: time (10,20,30), tins (0,150) lines touching both axisthe safety stock level is 0 tinsthe average inventory level is 75 tins