1) Calculate the GMROI and inventory turnover 

Given $20,000 in annual sales, $4,000 in average inventory (at cost) and a 45% gross margin. 

2) Calculate the additions to the stock using the following information: 

Sales	26.000 $
EOM stock	100.000 $
bill of materials stock	88.000 $

3) Calculate the average BOM stock-to-sales ratio for the six-month merchandise budget plan, using the following information: 

YGROI %130

Gross Margin 46%

4) Today is July 19th. Buyers in two different stores are trying to assess the current open-to-buy situation based on the following information:

Store A: Actual bill of materials stock	50.000 $
Monthly additions are real	25.000 $
Products to be delivered on order	10.000 $
Planned monthly sales Planned discounts	30.000 $ 5.000 $
Planned SGM stock	65.000 $

Store B: Actual bill of materials stock	75.000 $
Monthly additions are real	30.000 $
Products to be delivered on order	12.000 $
Planned monthly sales Planned discounts	40.000 $ $6,000
Planned SGM stock	75.000 $

What is the status open for purchase on July 19? What does this number mean for you for each store? 

5) If a food retailer has a product with a 7-day lead time, a 10-day inspection period, and a daily demand of 8 units, what is the order point and how many units must be reordered? Suppose 70 units are ready and the retailer must maintain a reserve stock of 20 units to maintain a 98 percent service level?

6) A retailer expects a good month and adjusts its sales forecast upwards of $750. Calculate the March open value using the following information: (1 point).

Planned purchases (March)	32.000 $
Monthly additions are real	21.000
Made-to-order items (March)	8.000
Unused available for purchase (February)	2.000

7) The Sports Store's starting inventory is $12,000 and the planned ending inventory is $13,400. Planned sales for the period are $5,800. Calculate what is open to purchase for the month. 

8) If a retailer has a product with a lead time of 10 days, a review period of 15 days, a daily demand of 18 units, and 82 units on hand, what is the reorder point and how many units must be reordered? and should the retailer maintain a reserve stock of 27 units to maintain the 95% service level?