CPCA Mini Exam Prep Questions
Correctly Answered
Definition of ACV -Answer-All-commodity volume or ACV represents the total annual sales
volume of retailers that can be aggregated from individual store-level up to larger geographical
sets. ... Often, outlets are weighted by their share of categ...
CPCA Mini Exam Prep Questions Correctly Answered Definition of ACV -Answer -All-commodity volume or ACV represents the total annual sales volume of retailers that can be aggregated from individual store -level up to larger geographical sets. ... Often, outlets are weighted by the ir share of category sales or "all -commodity" sales. What does "DOS" stand for in Category Management? -Answer -'Inventory Days of Supply(DoS)' is an efficiency ratio that measures the average number of days the company holds its inventory before selling it . A retail store chain has an assortment strategy to carry "limited assortment." Which of the following tactics would best match with this limited assortment strategy? A. limited assortment, high/low pricing, online service, smaller staff B. Limited SKU counts, high/low pricing, product sampling, small store footprint C. Great selection, low prices, 24 -hour service, small parking lot D. Limited SKU counts, low prices, limited service, small store footprint -Answer -The strategy that best matches a "limit ed assortment" strategy is: D. Limited SKU counts, low prices, limited service, small store footprint Which of the following acrynms LEAST applies to Category Management? ERP (Efficient Replenishment of Products): a term used in product assortment analysis POG (Planogram): A shelving schematic
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