Merchandising Math

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

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.

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.

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.

It's easier than you think to perform every retail math calculationquickly, accurately, and with confidence Mathematics is an essential tool for determining every financialarrangement important to a retail business. Whether you're buyingmerchandise, figuring business expenses, pricing merchandise, orrecording transactions, a solid working knowledge of practicalcalculating procedures is indispensable. But don't worry, we're nottalking algebra, trigonometry, or calculus--just simple arithmeticyou can perform using a calculator. Practical Merchandising Math helps you teach yourself all the mathyou need to succeed in the retail industry. You'll learn tocalculate markon, markup, and markdown; plan net sales, purchases,and stock turnover; and determine expenses and gross margin. You'llalso learn the meanings of important terms and discover how thefour retail areas where math is required--buying, selling,expenses, and record-keeping--are interrelated. This easy-to-useguide * Covers all financial considerations relevant to costing andpricing merchandise * Includes sample calculations with solutions * Features handy, quick-reference charts for standard markonpercentages * Presents material in short sections followed by self-checkpractice exercises Don't let math phobia become a roadblock on your way to retailsuccess. Develop the skills you need, quickly and easily, with thehelp of Practical Merchandising Math.