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MTH150: Business Math

This is a specialized business mathematics course that reviews fundamental math concepts used in merchandising. Topics include buying, pricing and re-pricing merchandise, merchandising principles, short and long term planning, and mathematical formulas applied to merchandising concepts. Upon completion of this course, students should be able to apply the basic rules of business math to solve real world problems.


 

Buying

MCH150: Retail Buying
Web resources on basics of retail buying

Merchandising Principles

InfoShare Library
Collection of informational materials from the National Association for Retail Marketing Services

Mathematical Formulas Applied to Merchandising Concepts

Retail Math for Fashion Industry
Math formulas from ApparelSearch.com

Retail Math Formulas
Formulas from About.com to use for tracking merchandise, measuring sales performance, and creating a pricing strategy


Textbook Companion Site

Contemporary Mathematics for Business and Consumers
Supplemental textbook resources organized by chapter

Pricing and Re-pricing Merchandise

Retail Markup/Markdown Calculator
Determine the selling price of a product with this calculator from About.com

Retail Pricing Strategy and Price Optimization
Articles and resources from About.com

Setting the Right Price
Article from Canada Business


Short and Long Term Planning

IBM
Example of merchandise assortment and planning solution from IBM

Merchandise Assortment Planning
Guide to providers of merchandise and assortment planning systems for the retail industry


Additional Sites of Interest

Algebra.com
Algebra, geometry, and physics help, along with interactive word problems and a question board

American Mathematical Society
Professional mathematical research and scholarship organization

Digital Classroom Resources
Mathematical sciences digital library from the Mathematical Association of America

Earliest Uses of Various Mathematical Symbols
Names of first to use common mathematical symbols and the dates the symbols first appeared

Famous Problems in the History of Mathematics
Includes proof of the Pythagorean Theorem and the value of Pi

Geometry Tutorials, Lessons and Tips
Help with geometry from About.com

GoMath.com
Algebra, geometry, and physics help including interactive tutorials and quizzes

Homemade Clinometer
Instructions for making this device used for measuring altitude, elevation, and vertical angles

InterAct Tutorials
Tutorials, study aids, and web links for further research

Journals: @Brint.com
Resources from business technology management and knowledge management

Math.com
Tools, formulas, tables, test preparation, and study tips

Math Forum
Ask Dr. Math (college level archive) from Drexel University

MathEmatics Help Central
College geometry help

MathWorld
Extensive math resources including algebra, calculus, geometry, probability and statistics, as well as math history and terminology

Nrich
Math Problems, Games and Articles from the University of Cambridge

Professional Societies
Links to societies and organizations that may be of interest to mathematicians

Purplemath
Practical algebra lessons with hints, tips, and examples, including common mistakes

SOS Mathematics
Free resource for math review material on algebra, trigonometry, calculus, and differential questions

Schoolyard Clinometer
Make a clinometer using this guide from the New Jersey Coalition for Schoolyard Habitats

Success in Math
Tips from Saint Louis University

Webmath
View solved math problems or post a question for a math expert

 

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