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Use the following worksheet. You'll want to forecast your sales up 9 %, Reduce mar 3.5%, and achieve an annual 1.64 turn-over. We are assuming
Use the following worksheet. You'll want to forecast your sales up 9 %, Reduce mar 3.5%, and achieve an annual 1.64 turn-over. We are assuming that you do the same sales and markdowns in both the first part of the year and last part of the year. (Point Value: 2 points for accurately forecasting sales, 2 points for accurately forecasting markdowns, and 2 points for accurately forecasting your Avg. Month-End Inventory to achieve the turn-over goal) Forecasted Sales __________ Markdowns _________ Annual Turn-Over 1.64 Avg. Month-End Inventory (July-Dee) _____________ OPEN TO BUY/PLANS Use the following worksheet. You'll want to forecast your sales up 9 %, Reduce mar 3.5%, and achieve an annual 1.64 turn-over. We are assuming that you do the same sales and markdowns in both the first part of the year and last part of the year. (Point Value: 2 points for accurately forecasting sales, 2 points for accurately forecasting markdowns, and 2 points for accurately forecasting your Avg. Month-End Inventory to achieve the turn-over goal) Forecasted Sales __________ Markdowns _________ Annual Turn-Over 1.64 Avg. Month-End Inventory (July-Dee) _____________ OPEN TO BUY/PLANS
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