Shared Flashcard Set

Details

Merchandising
6 Month Merchandise Plan
11
Other
Undergraduate 3
04/16/2012

Additional Other Flashcards

 


 

Cards

Term
How do you find Sales?
Definition
% sales x total sales
Term
how do you find % sales?
Definition
total sales/ sales
Term
How do you find BOM Stocks?
Definition
Sales x S/S ratio
Term
How do you find S/S ratio?
Definition
BOM / Sales
Term
How do you find Purchases?
Definition
(EOM + Sales + reductions)- BOM
Term
What do you want to plan first?
Definition
Plan SALES first because everything else falls around that
Term
How do you find planned average stock?
Definition
(6 BOM + 1 EOM)/ total # (7)
Term
How do you find the planned season turnover rate?
Definition
Total Net Sales/ Planned Average Stock
Term
How do you find the expected $ per square foot?
Definition
Sales/ sq. ft
Term
Total planned purchases AT COST for the season?
Definition
total purchases x (1-MU%)
Term
How do you find the reduction percentage for the season?
Definition
Total reductions / Net Sales
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