Making Buying Decisions: Using the Computer as a Tool [With CDROM] » (3rd Edition)

This text is designed for use in a buying course with a heavy math emphasis. The book first presents merchandising concepts in a simple, understandable way and shows students how they can use computerized spreadsheets to perform related merchandising math operations. Activities allow the students to apply what they've learned by solving merchandising problems using spreadsheets that are included on the enclosed CD-ROM. Students will learn how the computer can help minimize the time it takes to perform repetitive calculations. By constructing and using spreadsheets for each mathematical operation, they will develop a better understanding of the merchandising concepts they're studying. This book is designed to accompany the text Retail Buying, also by Richard Clodfelter.

Ch. 1 Using Computerized Spreadsheets 1

Ch. 2 Individual Markups 17

Ch. 3 Initial Markup 29

Ch. 4 Cumulative Markup 47

Ch. 5 Markdowns and Markdown Cancellations 61

Ch. 6 Maintained Markup 81

Ch. 7 Stock Planning 89

Ch. 8 Planning Sales and Purchases 103

Ch. 9 Assortment Planning 127

Ch. 10 Purchase Orders 137

Ch. 11 Open-to-Buy 147

Ch. 12 Operating Results 153

Glossary 163

Appendix 167

Index 169