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A buyer in the mens clothing department of a major department store has forecasted sales of two-piece suits at $270,000 for the coming fall-winter season.
- A buyer in the mens clothing department of a major department store has forecasted sales of two-piece suits at $270,000 for the coming fall-winter season. The department carries two price lines of mens two-piece suits at $225 and $275. The former line accounts for 70% of the season sales; the latter accounts for the remaining 30%. Both price lines of suits come in three basic styles
- Two-button suits account for 25% of the sales in both price lines
- Three-button suits account for 50% of the volume in the $225 price line and 60% in the $275 price line
- Double-breasted suits account for 25% in the $225 price line and 15% in the $275 line.
Two-piece suits = $225 price line
Size | Distribution | #25 plains | #37 Stripes | #07 Checks |
36 | 10% | 33% | 33% | 33% |
38 | 15% | 40% | 30% | 30% |
40 | 25% | 30% | 45% | 25% |
42 | 30% | 35% | 50% | 15% |
44 | 20% | 30% | 40% | 30% |
$225 | Size | Quantity for Model Stock | Patterns | ||||||
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| % | # | % | # | % | # | % | # |
Three button
| 36 |
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38 |
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40 |
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42 |
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44 |
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Total |
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