Author Question: Merchandising includes all of the following activities EXCEPT: a. Buying goods and making them ... (Read 1073 times)

bobypop · **on:** Sep 11, 2018

Merchandising includes all of the following activities EXCEPT:

a. Buying goods and making them available for customers.
b. Estimating customers' wants and needs.
c. Ignoring competitors merchandising assortment to develop a unique plan.
d. Planning purchases.

Question 2

After having a discussion with her manager, Denise decides to reduce her order quantities (in pairs) by half, even though this may negate some quantity discounts. What is the new total billed cost for each vendor after discounts and allowances? Which two vendors now offer the lowest cost of merchandise?

What will be an ideal response?

wilsonbho · **Reply #1 on:** Sep 11, 2018

Answer to Question 1

c. Ignoring competitors merchandising assortment to develop a unique plan

Answer to Question 2

(Bella Notte and Serge now offer the two lowest costs of merchandise)

Bella Notte:
Dress Pumps - 36.5, Wedges - 19.4, Ballet Flats - 18.9, Slides - 21.6, Total before discounts - 96.5
96.5 x 3 = 2.9
96.5 x 5 = 4.8
96.5 2.9 4.8 = 88.8

Je Veux:
Dress Pumps - 37.3, Wedges - 20.2, Ballet Flats - 19.8, Slides - 22.5, Total before discounts -99.8
99.8 x 2 = 2.0
99.8 - 2.0 = 97.8

Serge:
Dress Pumps - 37.8, Wedges - 20.2, Ballet Flats - 20.7, Slides - 21.6, Total before discounts - 100.3
100.3 x 3 = 3.0
100.3 x 2 = 2.0
100.3 - 3.0 - 2.0 = 95.3

Rouge:
Dress Pumps - 39.1, Wedges - 20.9, Ballet Flats - 21.4, Slides - 23.4, Total before discounts - 104.8
104.8 x 2 = 2.1
104.8 x 5 = 5.2
104.8 - 2.1 - 5.2 = 97.5