Merchandising Math

For Sophomore and Junior level courses in Retail Mathematics, and Buying and Merchandising. This book introduces students to the concepts of financial management for the merchandising of fashion goods. Covering basic financial skills needed to succeed when planning, procuring and selling fashion goods, the text provides an integrated presentation of merchandising principles, mathematical formulas and real world applications. It is designed to help students understand the underlying principles behind decisions and apply these principles to multiple store situations. The book begins with the basic markup concepts and single unit, three variable spreadsheets and builds the information to complex assortment plans and multi-column/multi-row spreadsheets.

For courses in mathematics for retail merchandising. Written by experienced retailers, Merchandising Mathematics for Retailing, 5/e introduces students to the essential principles and techniques of merchandising mathematics, and explains how to apply them in solving everyday retail merchandising problems. Instructor- and student-friendly, it features clear and concise explanations of key concepts, followed by problems, case studies, spreadsheets, and summary problems using realistic industry figures. Most chapters lend themselves to spreadsheet use, and skeletal spreadsheets are provided to instructors within the Instructor's Manual. This edition is extensively updated to reflect current trends, and to discuss careers from the viewpoint of working professionals. It adds 20+ new case studies that encourage students to use analytic skills, and link content to realistic retail challenges. This edition also contains a focused discussion of profitability measures, and an extended discussion of assortment planning.

A Practical Approach to Merchandising Mathematics, Revised 1st Edition, is dedicated to helping students master the mathematical concepts, techniques, and analysis utilized in the merchandise buying and planning process. Students will review basic maths concepts; learn how to use typical merchandising forms; become familiar with the application of computerized spreadsheets in retailing; and recognize the basic factors of buying and selling that affect profit. This peer-reviewed new edition of the text brings together assortment planning, vendor analysis, markup and pricing, and terms of sale into one comprehensive resource for students who will be involved with the activities of merchandise buying in the retail industry.

Merchandising Math: A Step-by-Step Approach, Second 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. It begins with fundamental math information and progresses through the forms and math skills needed to buy, price, and re-price merchandise. Later chapters provide information on creating and analyzing six-month plans. The final section of the text introduces math and merchandising concepts that are part of corporate buying offices. Features of this text include: *a conversational tone that helps make the text easy to follow and understand *Hints and worked-out examples that help increase comprehension of the material *Practical applications that help users apply the information to real-world situations *Practice exercises that give users opportunities for review and practice *Calculator information that helps users solve math problems with a calculator

This book 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 book 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 readers learn the basics of creating and analyzing six-month plans. The final section of the book introduces math and merchandising concepts that are typically used at the corporate level. For individuals pursuing a career in merchandising.

Mathematics for Retail Buying, 9th Edition, introduces merchandising and retailing students to the most important concepts in retail math through step-by-step examples with practice problems and solutions. Coverage begins with the skeletal profit and loss statement, and moves through retail pricing and repricing of merchandise, markups, markdowns, the retail method of inventory, six-month, and assortment planning. This extensively updated edition introduces a practical approach that incorporates actual retail scenarios and concepts that are relevant to the fashion industry today. There is also a focus on mathematical factor that affects the gross margin and profitability key to the success of any merchandise buyer or planner. New to This Edition: - Updated mathematical practice problems with selected answers in the back of the book for review - Updated case studies to reflect retail buying as can be found in the industry - Thoroughly updated and revised text to reflect most common practices in the field Features - All applicable concept problems are expressed in spreadsheet as well as traditional arithmetic format - Select Answers at the end of the book helps students check their understanding as they complete Practice ?Problems - Key Concept Formulas at the beginning of each chapter and a complete Glossary of Concept Formulas at the end of the book provide easy reference