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Course Overview
This advanced course is meant to bridge the gap between the principles of retail buying and
mathematical formulas and concepts. Students will be assigned to one of several buying teams
in an effort to facilitate the exchange of information and reinforce critical thinking. Each student
must be an active, participating member with their assigned team. Team participation will be
part of the overall grading criteria.
Course Objective
An advance course in the study of stock control and managing open-to-buys, which provides
a practicum in buying, utilizing computer spreadsheets and data analysis.
After successful completion of this course a student should be able to do the following:
1. Assess stock activity
2. Develop and implement product assortments, budgets, and distributions strategies.
3. Calculate and assign product markup based on direct and indirect costs to achieve
profitability.
4. Establish and evaluate reductions, terms and dating, and net costs
5. Analyze statistical reports and computer operations.
Attendance Policy
The following absentee policy applies to FMD 304, FMD 305, FMD 306, FMD 362, FMD 460, FMD 560
classes. Because the classes listed above are upper-level or senior level classes you will be held to a
higher standard concerning your absences in these classes.
You are encouraged to attend all scheduled class times. If you need to make a doctors appointment
because of an illness, or a yearly checkup, you will need to do so at a time you are not scheduled to be in
class.
Attendance- 2 absences will be excused during regular class periods or group meetings (No doctor
excuse needed.) 25 points (4%) will be deducted for the third absence and each absence after. I do
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realize that extenuating circumstances do arise and missing class is unavoidable and these
circumstances will be evaluated on a needed basis.
Extra Credit points will be given throughout the semester which can be used towards missed points from
an absence or raise your over all grade. YOU MUST be in class the day extra credit points are given or
you will not receive the points.
This policy is not to penalize students, but to reiterate the importance of attending class and participating
in class discussions and group projects, as well as to prepare you for the workforce you will soon be
joining.
Make-Up Or Late Assignments
GRADE
A
AB+
B
BC+
C
CD+
D
DF
PERCENTAGE
100-96%
95-90%
89-87%
86-83%
82-80%
79-77%
76-73%
72-70%
69-67%
66-63%
62-60%
59% and below
DESCRIPTION
Excellent
A
Above Average B
Average
Below Average D
Failing F
All grades will be posted on Blackboard, it is your responsibility throughout this class to check blackboard
for assignments, announcements and grades. If you are absent from a class, please do not email me
asking what you missed, please contact a classmate to review the class materials or for copies of
handouts
COURSE SCHEDULE/Other CHANGES:
The instructor reserves the right to change the syllabus and/or course calendar as needed to assure
academic excellence. Any changes will be announced and discussed with students.
Dropping Class
It is your responsibility to understand the Universitys procedure for dropping a class. If you stop attending this class
but do not follow proper procedure for dropping the class, you will receive a failing grade and will also be financially
obligated to pay for the class. For information about dropping a class or withdrawing from the university, contact the
Office of the Registrar at 836-5520.
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Disabilities
To request academic accommodations for a disability, contact the Director of the Disability Resource Center, Plaster
Student Union, Suite 405, (417) 836-4192 or (417) 836-6792 (TTY), www.missouristate.edu/disability. Students are
required to provide documentation of disability to the Disability Resource Center prior to receiving accommodations.
The Disability Resource Center refers some types of accommodation requests to the Learning Diagnostic Clinic,
which also provides diagnostic testing for learning and psychological disabilities. For information about testing,
contact the Director of the Learning Diagnostic Clinic, (417) 836-4787, http://psychology.missouristate.edu/ldc.
It is the responsibility of the student to initiate this process and bring it to the instructors
attention at the beginning of the semester.
Non-Discrimination Policy
Missouri State University is an equal opportunity/affirmative action institution, and maintains a grievance procedure
available to any person who believes he or she has been discriminated against. At all times, it is your right to address
inquiries or concerns about possible discrimination to the Office for Equity and Diversity, Park Central Office Building,
117 Park Central Square, Suite 111, (417) 836-4252. Other types of concerns (i.e., concerns of an academic nature)
should be discussed directly with your instructor and can also be brought to the attention of your instructors
Department Head. Please visit the OED website at www.missouristate.edu/equity/.
Academic Integrity
Missouri State University is a community of scholars committed to developing educated persons who accept the
responsibility to practice personal and academic integrity. You are responsible for knowing and following the
universitys student honor code, Student Academic Integrity Policies and Procedures, available
at www.missouristate.edu/policy/academicintegritystudents.htm and also available at the Reserves Desk in Meyer
Library. Any student participating in any form of academic dishonesty will be subject to sanctions as described in this
policy.
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