Merchandising Mathematics for Retailing / Edition 2

Merchandising Mathematics for Retailing / Edition 2

by Marian H. Jernigan, Ellen Flottman
     
 

This book provides readers with a firm foundation in the principles and techniques of real-world merchandising mathematics and shows them how to apply these fundamentals to solving specific, everyday retail merchandising problems. Throughout, clear, concise explanations of concepts are followed by step-by-step example problems, practice problems using realistic… See more details below

Overview

This book provides readers with a firm foundation in the principles and techniques of real-world merchandising mathematics and shows them how to apply these fundamentals to solving specific, everyday retail merchandising problems. Throughout, clear, concise explanations of concepts are followed by step-by-step example problems, practice problems using realistic industry figures, and selected answers. Includes suggestions for working some problems on a computer spreadsheet. Features a review of basic mathematics, decimals, percents, fractions, and highlighted formulas. Basic Merchandising Mathematics. Profitability. Cost of Merchandise Sold. Markup as a Merchandising Tool. Retail Pricing for Profit. Inventory Valuation. The Collar Merchandise Plan. Dollar Open-to-Buy. Performance Measures. For Retail Executives and Buyers in training and Small Storeowners.

Product Details

ISBN-13:
9780135698983
Publisher:
Prentice Hall Professional Technical Reference
Publication date:
02/07/1992
Series:
Retailing-Fashion Merchandising Series
Edition description:
Older Edition
Pages:
368
Product dimensions:
8.37(w) x 10.89(h) x 0.68(d)

Table of Contents

Foreword
Preface
Acknowledgments
Ch. 1Introduction to Retail Merchandising1
Ch. 2Basic Merchandising Mathematics11
Ch. 3Merchandising for a Profit59
Ch. 4Cost of Merchandise Sold89
Ch. 5Markup as a Merchandising Tool119
Ch. 6Retail Pricing for Profit167
Ch. 7Inventory Valuation191
Ch. 8Merchandise Planning and Control223
Ch. 9Dollar and Unit Open-to-Buy269
Ch. 10Use of Computers in Retailing291
Appendix A Aliquot Parts305
Appendix B Review of Fundamental Arithmetic307
Appendix C Practice Problem Answers315
Bibliography327
Index329

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