Mathematics for Retail Buying

Author:   Bette K. Tepper
Publisher:   Bloomsbury Publishing PLC
Edition:   5th Revised edition
ISBN:  

9781563672934


Pages:   360
Publication Date:   01 January 2002
Format:   Paperback
Availability:   Out of stock   Availability explained


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Mathematics for Retail Buying


Overview

This popular textbook/workbook meets the needs of students who will be directly or indirectly involved in the activities of merchandising and buying at the retail level. Tepper continues to delineate the essential concepts, practices, procedures, calculations and interpretations of figures that relate to the many factors that produce profit.

Full Product Details

Author:   Bette K. Tepper
Publisher:   Bloomsbury Publishing PLC
Imprint:   Fairchild Books
Edition:   5th Revised edition
Dimensions:   Width: 21.60cm , Height: 2.00cm , Length: 27.90cm
Weight:   0.845kg
ISBN:  

9781563672934


ISBN 10:   1563672936
Pages:   360
Publication Date:   01 January 2002
Audience:   College/higher education ,  Tertiary & Higher Education
Format:   Paperback
Publisher's Status:   Out of Print
Availability:   Out of stock   Availability explained

Table of Contents

CONTENTS Unit One: Merchandising for a Profit - the concepts of profit and the calculation, interpretation, and analysis of the profit-and-loss statement Unit Two: Retail Pricing and Repricing of Merchandise - the pricing factors used in buying decisions and the calculations used when pricing and/or repricing retail merchandise Unit Three: The Relationship of Markup to Profit - the importance of markup to profitable merchandising and the calculations of the various types of markup Unit Four: The Retail Method of Inventory - explains the proven procedure of determining the total value of the stock-on-hand and shortages Unit Five: Dollar Planning and Control - the analysis of possible sales, the planning and control of stocks and purchases, and the techniques used Unit Six: Invoice Mathematics - Terms of Sale - discounts, dating procedures, and shipping terms that a retail buyer must know TEXT FEATURES Chapter describing the impact of computer technology in retailing, the principles of successful merchandising, functions of buying, the merchandising process, and the responsibilities of the buyer A road map of mathematical factors Numerous work and practice problems Additional case studies utilizing practical retailing situations and difficulties in real-life merchandising Selected answers at the back of the book Answer Manual provides computations and solutions for all of the practice problems and case studies in the text.

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Author Information

Bette K. Tepper was the Assistant Chairperson for the Business and Technology Division at the Fashion Institute of Technology for 30 years, where she remains a part-time associate professor in the fashion merchandising management department.

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