Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Please use the Excel sheet provided, I just need the actual math portion figured out in the excel sheet. Six Month Plan Project 100pts You

Please use the Excel sheet provided, I just need the actual math portion figured out in the excel sheet.

image text in transcribedimage text in transcribed Six Month Plan Project 100pts You first may choose your department as Juniors, Men's, Children's, or Home. I will provide you all with Last Year sales figures for a six-month plan. You will then plan your department up or down for the season by month. You must research how to figure your BOM stock by using a stock to sales ratio. You determine your BOM by using the provided S to S ration. Next you will plan your reductions by month with the overall provided Markdown percent. You will create the percent by month according to sales trends. (Ex. More markdowns are done in December due to Christmas) Finally you will figure your plan purchases using the plan purchases formula. Season MD Percent 36% Make sure you take into account all factors for your department. (Ex. Juniors back to school selling). You will need to research your department. You must turn the following items in: - 6-month plan worksheet - Write up by month explaining plan sales and plan markdown Remember you MAY NOT BE OVERBOUGHT. NO NEGATIVE NUMBERS. If you are it will be an automatic 0 . SIX-MONTH MERCHANDISE PLAN Spreadsheet 8-19 Chapter 8 Instructor Supplement Solution to Summary Problem \#19

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Behavioral Finance And Wealth Management

Authors: Michael M. Pompian

2nd Edition

1118014324, 978-1118014325

More Books

Students also viewed these Finance questions

Question

What are you curious about regarding Michelle?

Answered: 1 week ago

Question

4. Explain how to price managerial and professional jobs.

Answered: 1 week ago