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Calculate the buyers open - to - buy ( OTB ) as of october 1 6 th , given the following information October Sales Plan:

 

Calculate the buyers open-to-buy (OTB) as of october 16th, given the following information


October Sales Plan: $190,000

ACtual Sales as of October 16th: $120,000

October Planned Markdowns: 13%

Actual markdowns taken as of october 16th: $17,000

Stock on hand as of october 16th: $703,000

Planned BOM stock as of November 1st: $920,000

Stock on order as of october 16th: $18,500

 

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