What is the percentage change in price for an American importer of Indian sitar music cassettes if the Indian rupee/U.S. dollar exchange rate goes from 12 rps./$ to 14rps./$ and the price of a cassette is 50 rupees?

Why is it important for a company to be (geographically) close to its suppliers to implement a JIT inventory control system?

Which of the following guidelines does NOT apply to a bar chart?

a. Bars are used to compare quantities. b. Vertical axis begins at zero. c. Increments on the quantitative axis should be equal. d. Bar widths vary to show different quantities.