Interdisciplinary
Studies

Store Inventory Activity

  

Activities Summary

In this activity, students will:
  • Determine the number of inventory items required to order
  • Complete inventory sheet and purchase order forms
  • Determine the retail price of certain items given a mark-up percentage
  • Determine the employee discount price of certain items
  • Complete the Essential Skills Inventory Checklist
intermediate skill:school

Prior Knowledge

  • Essential Skills
  • Multiplication of whole numbers
  • Use of a calculator
  • Calculation of markup, discount and taxes

Teaching Planning Notes

  • Review assignment including prior learning required and assessment and
    evaluation tools
  • Teachers may want to do a sample inventory problem, or at least review how to calculate the retail price and how to calculate the percent markup with the class, before proceeding to Task #2
  • Instruct students to use the Essential Skills inventory checklist while they are completing their tasks or immediately after completing each task
  • You may have students work in pairs or individually

Assessment and Evaluation of Student Achievement

Task Tool / Type
Calculate Inventory
Produce Purchase Order
Complete Price List		 Store-y Book Keeping Rubric (Summative)
Store-y Book Keeping Checklist (Formative)
Essential Skills Inventory Essential Skills Inventory Master List (Formative)

Activities and Evaluation Materials

For Students
  • Store Inventory Assignment Sheet
  • Assignment Checklist
  • Essential Skills Inventory Master List
  • Let’s Make It Count Activity Sheet
  • We Have A Problem Activity Sheet
  • Supplier Catalogue Listing
  • Order Up Activity Sheet
  • The Price is Right Activity Sheet
  • Store-y Book Keeping Rubric
For Teachers
  • Inventory Problem Cards and Blank Samples
  • Let’s Make It Count Answer Key
  • Inventory Master List (Blank Copy)
  • Supplier Catalogue Listing Answer Key
  • Supplier Catalogue Listing (Blank Copy)
FOCUS ON LEARNING

Essential Skills:

Reading Text
Inventory Problem Card
(Store Manager’s Notes)
Document Use
Inventory Master List
Supplier Catalogue Listing
Inventory Calculation Form
Purchase Order Form
Price List Sheet
Numeracy
All Activities
Thinking Skills
Solving Inventory Problems
Essential Skills Inventory