Course Description
Advancing the strategies of inventory acquisition and control. Application of retail math to Excel spreadsheets in planning the assortment plan, six-month merchandise plan, and model stock plans. Prerequisite: Minimum grade of C (2.0) in RCS 361.
Syllabus
Student Learning Outcomes, Goals, Objectives:
Students successfully completing this course will be able to:
- Apply basic principles of merchandising theory to manage and control inventory in an apparel and textiles context.
- Calculate figures employed within the retail environment for profit maximization.
- Predict future sales figures for apparel and textiles merchandise by examining current trends and previous sales figures.
- Develop and analyze a simulated retail merchandising plan for an apparel and textiles company.
- Utilize computer software to obtain key information and prepare useful reports concerning inventory management.
Course Grading Information:
| Activity/Performance Measure | Percentage/Points |
|---|---|
| Final Exam | 100 points |
| Assignments | 400 points |
| Project: Buying and Merchandising Cotton Apparel | 200 points |
| Total | 700 points |
Grading Scale
| Percentage | Letter Grade |
|---|---|
| ≥ 93.0% | A |
| 90.0-92.9% | A- |
| 87.0-89.9% | B+ |
| 83.0-86.9% | B |
| 80.0-82.9% | B- |
| 77.0-79.9% | C+ |
| 73.0-76.9% | C |
| 70.0-72.9% | C- |
| 60.0-69.9% | D |
| <60.0% | F |
Attendance/Participation:
The course is delivered in an asynchronous format. Students are expected to actively participate in the course by completing assignments and final exam, contributing to discussions, and completing course project.
Course Materials Purchased by the Students:
No course materials are required.
Scholarly Perspectives
This course engages diverse scholarly perspectives to develop critical thinking, analysis, and debate and inclusion of a reading does not imply endorsement.