The 4-5-4 Calendar is ideal for merchandise analysis and planning as it divides the year into comparable periods of time. Rather than incrementing periods based on the Gregorian calendar, the 4-5-4 Calendar divides the year into four and five week periods. Unlike the Gregorian calendar, the 4-5-4 calendar assures that comparable periods always include not […]
Archives for 2007
A Formula In Need Is a Formula Indeed – Balancing Inventory Plans
Often times there is a need for an objective way to distribute inventory between two or more stores or departments or classes or sizes, etc. Rather than using a seat-of-the-pants or traditional method (we have always done it this way) there is a mathematical model to solve this dilemma. Let’s use some hypothetical statistics to […]