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Problem 1: Starfield Inc., orders planetary probes from its supplier Intergalactic at a cost of $1.50/probe. Starfield consumes the probes at the rate of 300/day and 365 days per year. Every time Starfield orders from Intergalactic it incurs a cost of $12. Starfield also faces an interest rate of 10% per year. Because the planetary probes are tiny storage costs are negligible. How many probes should Starfield order to minimize its costs?
Option 1: 219
Option 2: 854
Option 3: 4186
Option 4: 6279
If the price of the shutters is set using the spot rate as of July 1, how many francs does Lee expect to receive on October 1? How many yen does he expect on October 1?
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