To compete in the automobile market, tesla must make many strategic decisions such as whether to introduce a new car model, how to sell and service its cars, and where to advertise. at tesla's fremont, california plant, managers must decide on the monthly production quantities of their s and x models. in making this decision, the managers

S. you are changing planes in london for a flight to paris where you will connect with your flight to capetown. you are picking up reading material for the flight and are looking at the prices listed on the economist magazine which conveniently lists prices in several different global currencies. you note that the price in pounds is 2.40 pounds and the price in euros is 2 euros. the exchange rate for the dollar (your credit card was issued in the usa) is $1.59/pound and s1.3837/euro. should you buy reading materials now or wait until you're in paris?