Answer to merchandising questions on apparel merchandising.

Last week I posted one question set for you titled as '50 Short Questions for Merchandisers: Test Yourself where do You Stand'. I know that many of you tried to give answers of those questions and noted down those answers. As committed to you, here I am publishing answers of those questions.

Question 1.
Initial quantity break-up size wise XS=100, S=200, M=300, L=200, XL=100
Size wise consumption: XS=1.0, S=1.1, M=1.2, L=1.3, XL=1.4
After changes: quantity break-up size wise S=200, M=300, L=300, XL=100
So, Size wise Fabric consumption would be -
S@1.1 * 200=220 mtrs,
M@1.2 * 300=360 mtrs,
L@1.3 * 300 = 390 mtrs
XL@1.4 * 100 =140 mtrs

Therefore average consumption =(220+360+390+140)/900 =1.23333 Meters.

Question 2.
When you break total quantity as per ratio you will size wise quantity as following.
As a general rule size wise consumption XS<S<M<L<XL.
So higher the quantity in higher sizes higher would be the consumption.
XS S M L XL
a. 0       1000 2000 2000 1000
b. 1000 1000 2000 2000 0
c. 1000 2000 2000 1000 0
d. 0       2000 2000 1000 1000

From the above quantity break-up the descending order would be a<d<b<c

Question. 4.
Break total FOB Rs 400 as per cost ratio
12 :1 :3 :1 :3
240 :20 :60 :20 :60

Fabric cost increased by 5% i.e Rs. 12. So margin will be less by Rs. 12.

Current ratio is 252:20:60:20:48
Current margin = Rs. 48.
So reduction in margin = 12/60*100 = 20%

Question 5
Matching left and right hand column
a) – iv);
b) – i);
c) –v);
d) – ii);
e) – iii)

Question 41.
b. is most appropriate. Different agents used different calculation factors. It also depends on importing country. For more reading check here.

a)      FPT: Fabric Package Testing
b)      GPT: Garment Package Testing
c)       CIF: Cost Insurance Freight
d)      LC : Letter of Credit
e)      SKU: Stock Keeping Unit
f)       DTM : Dye to Match
g)      CPL: Cut panel Laundry

Friends, if anyone don’t agree with any answer given in the above table please write in the comment box with justification.

Name

5S,3,Activewear,1,Apparel ERP,1,apparel industry,57,apparel news,34,Apparel Production,31,Apparel Software,17,Bamboo Fabric,1,Bangladesh,2,Blogs,1,Books,31,Business Guides,9,Buyer,1,Buying House,4,CAD/CAM,1,Calculation & Formula,1,career,34,Change Management,1,Clothing,2,Clothing Brand,3,Compliance,3,Consumption,4,Costing,11,Cutting,20,Denim,3,Directory,3,Dyeing,1,eCommerce,2,Education,5,Event & Fair,14,Fabric,73,Fashion,5,Fashion Business,41,Fashion Design,3,Fashion Show,2,Fiber,2,Finishing,10,Garment Exporters,1,Garmenting,2,Gartex,1,GSM,1,Guest Post,8,Human Resource,2,Industrial Engineering,214,Infographic,5,Knitting,4,KPI,7,Kurti,1,Lean,27,Line layout,4,Machines,32,Manufacturing,53,Merchandising,105,MIS,24,MISC,22,Operation bulletin,14,Operator,1,Operator Training,1,Performance rating,1,PLM,3,Printing & Embroidery,11,Problem Solving,1,Production Planning,27,Project Report,1,QNA,122,Quality,61,Quality manual,2,Quality system,14,Research project,1,Resources,43,Retailing,4,Salary & Wages,7,Sampling,22,Scheduling,3,Sourcing,8,Spec Sheet,9,Sportswear,4,Stitching,3,Store,2,Stretch fabric,1,Student corner,1,sustainable clothing,7,T-shirt,3,Tailor,1,Tailoring Shop,2,Technology,59,Texprocess,1,Textile processing,11,Textile testing,23,Textiles,42,Threads,1,Towel,1,Trims & Accessories,15,videos,12,Waste,1,Work Study,38,Yoga wear,1,
ltr
item
Online Clothing Study: Answer Post: 50 Short Questions for Merchandisers
Answer Post: 50 Short Questions for Merchandisers
Answer to merchandising questions on apparel merchandising.