Answer Post: 50 Short Questions for Merchandisers

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 to those questions and noted down those answers. As committed to you, here I am publishing answers to those questions.
Please check your answers with the answer sheet shown in the following table.

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.
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 the importing country. For more reading check here.

Question 46. 
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 doesn’t agree with any answer given in the above table please write in the comment box with justification.  

Prasanta Sarkar

Prasanta Sarkar is a textile engineer and a postgraduate in fashion technology from NIFT, New Delhi, India. He has authored 6 books in the field of garment manufacturing technology, garment business setup, and industrial engineering. He loves writing how-to guide articles in the fashion industry niche. He has been working in the apparel manufacturing industry since 2006. He has visited garment factories in many countries and implemented process improvement projects in numerous garment units in different continents including Asia, Europe, and South Africa. He is the founder and editor of the Online Clothing Study Blog.

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