RET_261_exam_3_jeopady

RET_261_exam_3_jeopady - Jeopardy Chapter 12 Chapter 13...

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Jeopardy Chapter 12 Chapter 13 Chapter 14 Chapter 18 Mixer Q $100 Q $200 Q $300 Q $400 Q $500 Q $100 Q $100 Q $100 Q $100 Q $200 Q $200 Q $200 Q $200 Q $300 Q $300 Q $300 Q $300 Q $400 Q $400 Q $400 Q $400 Q $500 Q $500 Q $500 Q $500 Final Jeopardy
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$100 Question from H1 Process by which a retailer attempts to offer the right quantity, of the right merchandise at the right place and time to meet financial goals
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$100 Answer from H1 What is merchandise management?
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$200 Question from H1 Examples are socks, milk, and paper
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$200 Answer from H1 What are staple goods?
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$300 Question from H1 The largest level in a buying organization
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$300 Answer from H1 What is a merchandise group?
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$400 Question from H1 The smallest unit available for making merchandise management decisions
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$400 Answer from H1 What is a stock keeping unit? (SKU)
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$500 Question from H1 The two metrics that make up GMROI
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$500 Answer from H1 What are gross margin % and sales-to-stock ratio
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$100 Question from H2 A cushion so the retailer doesn’t run out of merchandise
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$100 Answer from H2 Safety/Buffer/Backup stock
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$200 Question from H2 Amount of time between need recognition and the arrival of goods
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$200 Answer from H2 What is lead time?
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$300 Question from H2 The % of complete orders received from a vendor
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$300 Answer from H2 What is fill rate?
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$400 Question from H2 This specifies planned inventory $ in a fashion goods category over time
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What is a merchandise budget plan?
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RET_261_exam_3_jeopady - Jeopardy Chapter 12 Chapter 13...

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