Math for Merchandising

Math for Merchandising : A Step-by-Step Approach

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Merchandising Math: A Step-by Step Approach, Third Edition, takes users step by step through the concepts of merchandising math. It is organized so that the chapters parallel a career path in the merchandising industry. The text begins with coverage of fundamental math concepts used in merchandising and progresses through the forms and math skills needed to buy, price, and re-price merchandise. Next students learn the basics of creating and analyzing six-month plans. The final section of the text introduces math and merchandising concepts that are typically used at the corporate level. New to this edition is a Student Resources CD packaged with the book that contains forms from the text, Excel templates, guided Excel exercises, and quizzes for each chapter in the bookshow more

Product details

  • Paperback | 368 pages
  • 210 x 272 x 14mm | 798.34g
  • Pearson Education (US)
  • Prentice Hall
  • Upper Saddle River, United States
  • English
  • Revised
  • 3rd Revised edition
  • 0131107348
  • 9780131107342
  • 1,307,330

Table of contents

UNIT ONE. FACTS AND FUNDAMENTALS ABOUT THE TOOLS OF THE TRADE. 1. A Look at Who, Why, What, and How! 2. Getting Comfortable. 3. Tracking Key Concepts. UNIT TWO. PURCHASING AND PRICING. 4. Buying for Profits. 5. The First Price. 6. Markups to Sell. 7. Markdowns Make it Move. UNIT THREE. THE PLANNING PROCESS. 8. Fundamentals of a Six-Month Merchandising Plan. 9. Analyzing Last Year's Six-Month Merchandising Plan. 10. Changing a Six-Month Plan Using Historical Data. 11. Developing New Six-Month Merchandising Plans. UNIT FOUR. BALANCE BRINGS PROFITS. 12. Control the Flow-Calculating Open to Buy. 13. Building Balance 14. Designing Today. UNIT FIVE. MEASURING THE RESULTS. 15. Make the Most Out of Your Space. 16. The P&L is the One That Counts! APPENDIX. How to Use Your Calculator. Basic Formulas. Answers to the Odd-Numbered Problems. more

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