Decision Point: Ordering Light Bulbs

Your licensee has set up operations in India, and soon he sends you an ernail.

From: M$.$ Patel

Subject: Order

We need to place a large order for bulbs for our solar kit. As you know, we purchase these bulbs from a supplier in the U$.$S$.$ I have been watching the exchange rate between the U$.$S$.$ dollar and the Indian rupee very carefully. The current exchange rate is $$1$ to $66\mathrm{.}96$ rupees. However, sources tell me that the exchange rate is expected to be $$1$ to $58\mathrm{.}40$ very soon. Please advise if you want me to place the order now or if you want me to wait until the anticipated change in the exchange rate takes place.

Ilook forward to your prompt direction.

What will you tell your licensee to do$?$

Select an option from the choices below and cick Submit.

$(6)$ Wait and place the order when the exchange rate changes.

Place the order now.

Fthnt