This document discusses various concepts related to merchandise management, including: - Types of buying systems for staple and fashion merchandise - Factors to consider when determining order quantities - The relationship between inventory investment and product availability - Components of inventory like cycle stock and buffer stock - Methods for forecasting demand and calculating order points - Merchandise budget planning and open-to-buy monitoring - Allocating merchandise to stores and analyzing performance using ABC analysis and sell-through rates - Evaluating vendors using a weighted average approach - Using the retail inventory method to track inventory costs and values