AMM 251/251A - Apparel Merchandise Buying (3/1)

Understand the role of the retail buyer. Demonstrate a basic knowledge of the principles and techniques of merchandising math. Articulate how to apply these fundamentals to real world retail operations. Define and calculate essential merchandising related figures, including costs, profits, open to buy, mark-up, mark-down, and inventory turnover. Written exam, MS Excel assignments and class projects.

Prerequisite(s): STA 120 and College of Business computer proficiency requirement.
Component(s): 3 hour lecture/problem solving. 1 two hour computer lab activity.