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Author Question: List at least 6 components of a merchandise plan. What will be an ideal ... (Read 106 times)

a0266361136

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on: Sep 11, 2018
List at least 6 components of a merchandise plan.
 
  What will be an ideal response?

Question 2

Describe the similarities and differences between broad assortment and short cycle buying.
 
  What will be an ideal response?


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frre432

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Reply #1 on: Sep 11, 2018
Answer to Question 1

Plans for receipts, sales, mark-ups, mark-downs, inventory shortages, end-of-month stock levels, weeks of supply, and gross margin.

Answer to Question 2

ideal way to buy broad but shallow assortment of merchandise to test consumer reaction before buying in depth; short cycle buying is buying closer to the selling season also in order to judge market conditions


a0266361136

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Reply 2 on: Sep 11, 2018
YES! Correct, THANKS for helping me on my review

upturnedfurball

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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