Question: The basic stock method is used to plan the bath towel department BOP $ inventory. You are required to calculate the BOP$ inventory by period

The basic stock method is used to plan the bath towel department BOP $ inventory. You are
required to calculate the BOP$ inventory by period for the upcoming Spring season. The
Director of Planning has instructed for you to use LYA Average BOP $ Inventory to help
determine your basic stock requirement, and your This Year Sales $ Plan to determine the
average months sales. Given the following information in the table below, in the Excel
Worksheet, calculate the BOP$ Inventory Plan for each period this year. Note: you may wish to
use the space beneath the table to make some additional calculations to help you arrive at the
final formula and answers.
February March April May June July Total
Season
BOP $ LYA $684,993 $628,344 $609,223 $673,922 $702,933 $699,332
Sales $ TY
Plan
$482,933 $592,948 $692,883 $768,744 $688,594 $524,122 $3,750,224
BOP $ TY
Plan

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