Question: please show work 4. Complete the following grid solving for open to buy using a set of BOMS from Problem 1 above (either the ones
4. Complete the following grid solving for open to buy using a set of BOMS from Problem 1 above (either the ones generated by basic stock method or the percentage variation method): Month Plan Markdowns Plan Purchases February $7,000 March $5,000 $500 April May $1,000 June $2,000 July $6,000 $5,000 August September $1,000 October $500 November $500 December $1,000 January $3,000 Note: Use the BOM of February as the EOM of January. A negative plan A purchase figure means that the inventory brought forward from the previous month will be adequate to cover sales for the month. 4. Complete the following grid solving for open to buy using a set of BOMS from Problem 1 above (either the ones generated by basic stock method or the percentage variation method): Month Plan Markdowns Plan Purchases February $7,000 March $5,000 $500 April May $1,000 June $2,000 July $6,000 $5,000 August September $1,000 October $500 November $500 December $1,000 January $3,000 Note: Use the BOM of February as the EOM of January. A negative plan A purchase figure means that the inventory brought forward from the previous month will be adequate to cover sales for the month
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
