RET 112 - Merchandise Planning and Control

Institution:

SUNY Westchester Community College

Subject:

Description:

A study of modern inventory control systems, this course provides an understanding of the concepts and calculations necessary in successful merchandising, and familiarizes students with the terminology in operating statements, retail method of inventory, planning seasonal purchases, methods of figuring markups, turnover, stock-sales ratios, open-to-buy, markdowns and terms of sale. Development policies and procedures used in retailing, with emphasis on retail mathematics. Class hrs. 3. Prerequisites: MATH 110B College Algebra and ACC 119 Financial Accounting. Offered spring semester.

Credits:

3.00

Credit Hours:

Prerequisites:

Corequisites:

Exclusions:

Level:

Instructional Type:

Lecture

Notes:

Additional Information:

Historical Version(s):

Institution Website:

www.sunywcc.edu

Phone Number:

(914) 606-6600

Regional Accreditation:

Middle States Association of Colleges and Schools

Calendar System:

Semester

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