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By turning your inventory!
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∙ 12y ago
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How to increase or improve the factors of production?
how to improve factors of production
What methods are used to improve the quality of land?
organic fertilizers in the form of biomass can be used to improve the soil and land quality. Use of halophytes can also improve the land quality.
How can urban redevelopment projects improve socio-economic conditions?
It can improve housing and the unemployment rate can fall. also the society would be much happier
For a developing country to improve economically...it must have?
capital
Improve safety and security in a country in tourism sector?
* * * * == ==
What if Gross profit margin decreases over the period?
You need to decrease costs in other areas in order to arrive at your planned GMROI
Is it necessary to go with all the associate ratios relating to the GMROI If yes then why and if no then why?
Is it necessary to go with all the associate ratios relating to the GMROI .If yes the why and if no then give reason? Yes, it is very necessary to go with all the associate ratios relating to the GMROI. 1st of all there are 3 types of ratios in GMROI. These are GMROII (gross margin return on inventory investment), GMROL (gross margin return on labor), and GMROF (gross margin return on Footage). GMROI (also known as GMROII) stands for Gross Margin Return on Inventory Investment - a measure of inventory productivity that expresses the relationship between your total sales, the gross profit margin you earn on those sales, and the number of rupees you invest in inventory. GMROI is expressed as a percentage or a rupees multiple, telling you how many times you've gotten your original inventory investment back during a specified period. GMROI = GM / Av. Inv. At costThe prerequisites to applying GMROI include: 1. Understanding Gross Margin2. Understanding Inventory Turns3. Access to appropriate data on your product, including: Price, Cost, Sales Volume and Inventory Turns GMROF is a measure of inventory productivity that expresses the relationship between your gross margin, and the area allotted to the inventory. GMROF is expressed as a percentage or a rupees multiple, telling you how much returns you've gotten per area (selling feet) during a specified period. It is a measure of gross margin returns on space occupied by a particular category. It measures the productivity of the space occupied for a category of the store. GMROF= Gross Margin (rs.) / Selling space (sq.ft). GMROI is concerned only with productivity of the Inventory Investement done. However, the merchandise occupies space which is limited and therefore has a cost attached to it. Hence, space utilization should be optimum and not more for a stk with more GMROI and vice versa. GMROL stands for Gross Margin Return on Labor - a measure of inventory productivity that expresses the relationship between your gross margin, and the full time employee. GMROL is expressed as a percentage or a rupees multiple, telling you how much returns you've gotten from each piece of full time employee during a specified period. This measure is concerned with the productivity of the manpower employed in a store. GMROL = Gross margin/FTE (Full Time Equivalent) employees FTE employees = E1*H1*D1 + E2*H2*D2 + E3*H3*D* + ……/ Hrs. in regular shift * No. of working days in a week Where, E = Employees, H = Hours worked, D = Days worked FTE is calculated as the store may employ part time employees and hence on an average the no. of full time employees may change. Inventory Management and Quick Ship Programs help retailers achieve their optimum level of financial performance: * Faster Inventory Turns * Improved Cash Flow * Faster Delivery to your Customer * Fewer mark-downs on slow moving inventory So from the above discussion it is clear that it necessary to go with all the associate ratios relating to the GMROI.
How do you improve an answer on this website?
if you want to improve an answer you scroll down and look for IMPROVE ANSWER if it is not there that means that you have to have an acount to improve it.
What did Cleopatra do to make ancient Egypt a better place?
Cleopatra did absolutely nothing to improve Egypt.Cleopatra did absolutely nothing to improve Egypt.Cleopatra did absolutely nothing to improve Egypt.Cleopatra did absolutely nothing to improve Egypt.Cleopatra did absolutely nothing to improve Egypt.Cleopatra did absolutely nothing to improve Egypt.Cleopatra did absolutely nothing to improve Egypt.Cleopatra did absolutely nothing to improve Egypt.Cleopatra did absolutely nothing to improve Egypt.
What is the Italian word for improve?
to improve =migliorare
How can you improve ecotourism?
we can improve it by increassing tecnologies
Can you improve your fsc?
Yes we can improve our Fsc
How do you improve the standard of an athlete?
Training to improve fitness and strength, coaching and practice to improve technique
How do you improve an answer?
Well if you want to improve an answer and you have an account all you have to do is click on the button that says Improve answer. Woe
Important of information system in business?
to improve paformance to improve service tocustomers to improve efficiency
How to improve my crusive writing?
To improve your cursive writing, practice regularly using worksheets or lettering guides. Focus on maintaining consistent letter sizes and slant. Pay attention to your hand positioning and grip to ensure smooth and flowing strokes. Lastly, practice writing words and sentences to build muscle memory and improve overall legibility.
importance of business information system?
to improve paformance to improve service tocustomers to improve efficiency
