SPRING 2016: WEEK 11B: FMGT 3383: CHAP 8: SIX MONTH PLAN: GRADED HOMEWORK,
DUE: Week 12B
GENERAL DIRECTIONS: turn in hard copy, must be stapled.
TOTAL POINTS = 100
Each answer = 0.8 points
STAPLE HOMEWORK. NO STAPLE, NO GRADE. NOT NEGOT
SPRING 2016: WEEK 6B: PRACTICE PROBLEM: EX 5.6
Round off to nearest whole dollar
Calculate percentages 1 digit to the right of the decimal
CALCULATE MMU% & GM%
SPRING 2016: WEEK 6B: CHAP 5: CUMULATIVE MU%, EX 5.5: Lecture Prep.
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It is a performance indicator that reflects current inventory value for On-Hand merchandise.
Acronym for On-Hand Merchandise: OH
Timeframe: Cumulative MU% is a season-to-dat
OVERVIEW: SIX MONTH PLAN
WEEK 7B: SPRING 2016
Six Month Plan
Organized by season, the plan reveals monthly:
BOM: beginning of the month
EOM: end of the month
Reductions: aka: Markdowns
SPRING 2016: WEEK 7B: FMGT 3383 CHAP 8 INTRODUCTION TO BUYING OFFICE
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Individual responsible for several departments within a divisional merchandise
coordinates the purchase and delivery of merchandise in rela
SPRING 2016: WEEK 6B: FMGT 3383: CHAP 5: MAINTAINED MU%:
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Calculated with net sales dollars. Maintained MU% focus is how price changes impact net sales
goals and gross margin goals.
Maintained MU% is extremely imp