The purpose of an open-to-buy system is to ________.
A)avoid seasonal buying
B)maintain a steady average inventory
C)record how much is spent each month and how much is left to spend
D)decrease operating expenses
E)develop monthly trends for sales forecasting

Question

Quizplus · Accepted Answer

The open to buy system is used to keep track of how much merchandise is able to still be purchased in order to stay on inventory plan.

The Purpose of an Open-To-Buy System Is to ________