Question
1/ A buyer has determined the desired level of stock per month is $12,800. She plans to have sales of $5,600 for that month. What
1/ A buyer has determined the desired level of stock per month is $12,800. She plans to have sales of $5,600 for that month. What would her basic stock requirements be for the month?
2/ A buyer has planned purchases (or desired inventory) of $241,571. She has already ordered $46,798. She has received $87,623 worth of merchandise. What is her current open to buy?
3/
A store had average markdowns last year of 21%. The projected sales are $230,000. Assuming she is calculating based on a seven-month season, what are her planned markdowns?
Enter 907.042
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