4. September BOM September EOM September sales September markdowns September 1-9 purchases received September outstanding orders...

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Question

Answer 1

Answer #1

The formula for calculating OTB for a month is, planned sales + EOM inventory + markdowns - BOM inventory.
Therefore, OTB for the month of September is, 148000 + 440000+ 23500 - 360000 = 2515000.
While calculating OTB for a particular month purchases till date may be ignored, however if the intention is to calculate OTB on a particular day, then it may be considered.

Answer 2

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