Planned purchases at retail for Gymboree, the childrens wear retailer, for spring summer season are: $1.5 Million
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Question:
Planned purchases at retail for Gymboree, the children’s wear retailer, for spring summer season are: $1.5 Million which will be spread across 4 departments: infants (20%); Toddler boys (20%); Toddler girls (15%); Young Boys (25%) and Young girls (20%).
Toddler boys department carries 4 classifications of T-shirts (40%); Pants (30%); Outerwear (10%); Sweaters (10%) and accessories (10%). Toddler boys t-shirts buyer has the following assortment distribution for spring-summer season:
Styles | Short Sleeve | Sleeve-Less | Long Sleeve | Total | ||||
45% | 40% | 15% | 100% | |||||
Sizes | 4-5years | 6-7 years | 8-9 years | 10-12 years | ||||
10% | 30% | 35% | 25% | 100% | ||||
Color | Blue | Green | Red | Yellow | Black | White | Multi | |
20% | 25% | 15% | 10% | 5% | 15% | 10% | 100% | |
Price | $10 | $12 | $15 | $18 | ||||
20% | 30% | 40% | 10% | 100% |
Refer to Gymboree case figures provided above and Find the average retail price for toddler boys t-shirts at Gymboree.
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