Module 4 assessment
Merchandising, Costing & Commercial Management
5 questions. 80% passes the module, and you can retry as often as you like. Every answer is explained, so a wrong answer still teaches you something. This is self-study practice written by Sanjeewa Dehiwalage, not an examination.
- Question 1Multiple choice
In a garment cost sheet, which element is usually the largest?
- Question 2Multiple choice
Fabric consumption per garment is best reduced by
- Question 3True or false
A critical path only lists the shipment date.
- Question 4Multiple choice
CM (cut-and-make) price covers
- Question 5Factory scenario
Fabric arrives eight days late and the ship date is fixed. What is the merchandiser's most useful first action?
Practical exercise
Build a one-page cost sheet for a basic tee with your own assumed fabric price, consumption, trims, CM and a stated margin.
Factory case study
The buyer asks for a 5 per cent price reduction. Find it without cutting quality: list three costed options and what each one risks.