NoP EOM Purchase Dollars FOM for February STAR, Sale for February $237,219 How will you use the LY figures in preparation for your plan for the Fall season of this year? What is your sales inc./dec. percentage projection for the planned fall season and Why? Provide explanation. B. It would seem as if the sales trend in your department lends itself to a further increase of sales. Why must you estimate as accurately as possible (neither too high nor too low) the amount of sales you can generate during this season? C. As the buyer, what 3 strategies can you plan in order to achieve the sales gain you propose? **Hint: Strategies are not the same as methods. Strategies relate to specific actions you can take at store level to increase sales. D. Having set your projected sales figures, you now want to adjust your stocks to the proper size in order to achieve the planned monthly sales figures. Your DMM gave you August 1 stock figures of $660,000 and February 1 stock figures of $510,000. He told you to work out the BOM stock figures for each of the other months in your six-month plan. There are three approaches to planning the amount of stock necessary for projected sales figures. What are they? Which will you choose? Why? NoP EOM Purchase Dollars FOM for February STAR, Sale for February $237,219 How will you use the LY figures in preparation for your plan for the Fall season of this year? What is your sales inc./dec. percentage projection for the planned fall season and Why? Provide explanation. B. It would seem as if the sales trend in your department lends itself to a further increase of sales. Why must you estimate as accurately as possible (neither too high nor too low) the amount of sales you can generate during this season? C. As the buyer, what 3 strategies can you plan in order to achieve the sales gain you propose? **Hint: Strategies are not the same as methods. Strategies relate to specific actions you can take at store level to increase sales. D. Having set your projected sales figures, you now want to adjust your stocks to the proper size in order to achieve the planned monthly sales figures. Your DMM gave you August 1 stock figures of $660,000 and February 1 stock figures of $510,000. He told you to work out the BOM stock figures for each of the other months in your six-month plan. There are three approaches to planning the amount of stock necessary for projected sales figures. What are they? Which will you choose? Why