Best Answer

Open to buy is a method of planning and controlling retail inventory. Calculate your opening inventory balance (in units or dollars), add the in-coming (already ordered) inventory and subtract your projected sales for the period...then compare that number to your desired ending inventory amount...the difference is how much you are open to buy (inventory that should be ordered). So if you start with 100,000 and have 10,000 on order and expect sales to be 40,000 and you want your ending inventory to be 90,000...You are open to buy 20,000 90- (100 + 10 - 40) = 20

User Avatar

Wiki User

โˆ™ 2008-02-23 13:09:53
This answer is:
User Avatar

Add your answer:

Earn +5 pts
Q: What does open to buy mean?
Write your answer...

Related Questions

What does it mean when canaries open their beaks?

buy i go sleep

Is Best Buy open July fourth?

Yes, Best Buy will be open on July 4th.

Is Best Buy open on New Year's Day?

Best Buy is open on New Year's.

Is best buy open on family day?

Unfortunately, Best Buy is not open on Family Day.

Why are pistachios half open when you buy them?

So that you can open them easier.

What is open mean in sport tournament?

''What is open mean in sport tournement'' it means I am wide open you can pass to me.

What does gaping mean?

It can mean staring, open-mouthed, but is normally used to mean an open fissure or crack

How do you open an poultry shop?

you buy it, then put your stuff in it you buy it, then put your stuff in it

How much does it cost to open a new gym?

why buy a gym when you can buy bud

What is open rollout mean on goodman furnace?

What is open rollout mean on goodman furnace?

What is an option buy?

An option buy is when you buy an option, whether call option or put option, using the Buy To Open order.

What year did Best Buy open?


Is best buy open on Fridays?


Is best buy open on Christmas 2010?


Where in NC can you buy Open Pit BBQ Sauce?

You can buy Open Pit BBQ from The ship it to your house!Their prices are pretty good too!

When does bestbuy open Canada?

Canada is a country, and therefore Best Buy cannot open it. The store chain Best buy is already available in Canada.

Is best buy in san Diego open on New Year's Day?

It's open

What does open ballot mean?

open means open and ballot means vote

How do you open a Facebook?

What do you mean by open a Facebook? If you mean how to make one, then you go to and click sign up. You have to fill in information and there you go. Hopefully this is what you mean by "open a Facebook".

How do you open an account to buy stock with coca cola?

can i buy stock in coca-cola

Is best buy open New Year's Day 2011?

Yes, it was open last year and it is open this year as well.

Is best buy open on memorial day and what time is it open till?

its open from ten till ten o one

How do you make a hot tub on sims 3?

You can buy it from buy mode.simply just open buy mode and find the hot tub then buy it.

Where door switch 2001 Lincoln ls?

you mean open door sensor? inside the lock.. loads of fun to fix it... better to buy new lock

How do you say buy in Chinese?

if you mean buy, it is "mai" if you mean bye, its "zai jin"