Brainscape's Knowledge GenomeTM

Browse over 1 million classes created by top students, professors, publishers, and experts.


See full index

Retail Service Specialists NWAE STUDY MATERIAL > Stock & Inventory Control (P-487) > Flashcards

Stock & Inventory Control (P-487) Flashcards

1
Q

ACB Consists of How many Categories, and what are they?

A

-Two/ Basic Necessity type items (Used for day to day living)/ Semi-Luxury type items.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

What is ASL, and what type of items does it deal with?

A

-Automated Ship Store Afloat Catalog Listing Guide/ Deals with Semi-Luxury type items, and Basic Necessity type items that are not listed on the ACB.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

What consists of each different size, brand, and model number?

A

-Line Item

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

This identified by a series of thin and wide vertical stripes, called barcodes, which are electronically read by a scanner and are translated into numbers?

A

-UPC (Universal Product Code)

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

The maximum numbers of line items are indicated next to each retail department on what document?

A

-Nexcom Pub-81

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

Who must determine the condition of items currently stocked?

A

-Sales Officer

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

Request to add and change the stock listings in the Nexcom pub-81 will be sent to whom via copy?

A

-Nexcom/copy to Tycom

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

Stock numbers consist of how many digits, how many are class and sequence?

A

-10 digits /6-class/4-sequence

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

Any item not listed in the ACB, ASL, special bulletin or foreign merchandise bulletin will be assigned what classification number?

A

-960000

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q

What are department codes A-1, A-2, S-1, D1, D3, E-1, K4, M3, P1, and T1?

A
  • A-1 (Cookies and Confections)
  • A-2 (Smoking Products)
  • S-1 (Snack Bars)
  • D-1 (Toiletries)
  • D3 (Sundries)
  • E-1 (Uniforms)
  • K-4 (Water, Energy Drinks)
  • M-3 (Canned Drinks)
  • P-1 (Postal Stamp)
  • T-1 (Prepaid Card)
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
11
Q

Foreign Merchandise is what department code?

A

-F-8

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
12
Q

The total dollar amount of emblematic items should not exceed what percentage of the total ships store inventory at cost value?

A

-15%

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
13
Q

Emblematic inventory report should be reviewed by what whom prior to procurement of additional emblematic inventory?

A

-Sales Officer

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
14
Q

The dollar value percentage of emblematic inventory is reported to whom monthly on the ship store management report?

A

-CO

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
15
Q

Excessive Emblematic Inventory is reported to whom?

A

-Tycom

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
16
Q

Who will sign DD form 1155’s for all purchases of Emblematic items and must determine if the quantity ordered will be over the 15%?

A

-Senior Supply Officer

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
17
Q

Emblematic items must be flagged on the stock record card with what symbol?

A

E

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
18
Q

Upon approval from whom may Emblematic items be sold to the general public during authorized ship tours, VIP Visits, and pier side sales?

A

-CO

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
19
Q

Tax free tobacco products will not be sold or transferred ashore or relanded within how many miles of the U.S.?

A

-3 miles

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
20
Q

What with the Ships identification or Ships patch may be issued to food service personnel as organizational clothing?

A

-Emblematic T-shirts

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
21
Q

Special Occupational & Environmental clothing & Textile items (sheets& pillow cases) will not be stocked without written authority from whom?

A

-Naval Supply Systems Command

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
22
Q

The purchase and sale of sunglasses is restricted to tested and approved models having what type of frame and glass or plastic lenses free from undesirable optional properties?

A

-Metal or Slow burning plastic

23
Q

What are items, which may be returned to the vendor for credit invoice by using a credit memorandum (DD Form 1149)?

A

-Guaranteed Items

24
Q

The Sale of Magazines, comics, pocket size books, other periodicals or recorded material considered offensive are strictly, what?

A

-Prohibited

25
Q

For examples, 11 tubes of toothpaste ordered, one free tube offered or 1000 toothbrushes ordered, one free camera or wristwatch ordered these items are known as what type of items?

A

-Bonus Free items

26
Q

If the bonus free items are the same as an ordered item, the user must change the cost price to what amount for the bonus free item?

A

-Zero 0

27
Q

The existence of hazardous merchandise will immediately be reported to whom?

A

-Nexcom

28
Q

The inventory of foreign merchandise on hand will be for the duration the ship will be operating in foreign area but will not exceed how many days?

A

-90 days (5months Deployment =90 days)

29
Q

After a 90 day period Procurement may not be made exceed estimated sales for a remaining of how many days?

A

-60 days

30
Q

Stock will not be procured if it will arrive onboard how many days or less prior to the ships departure from the foreign area?

A

-30 days

31
Q

Nexcom supports ships in what area with a range of popular foreign merchandise authorized for stock in ships stores?

A

-Mediterranean

32
Q

The Navy Exchange charges what percentage of restocking fee, for all items returned?

A

-10%

33
Q

What is the Maximum Authorized inventory for ships conus and ships deployed?

A

-Conus $102.00 per person/ Deployed $204.00 per person

34
Q

What is stock turn?

A

-Stock turn is the movement of stock through the ship store

35
Q

What should stock turn be per month?

A

-.33

36
Q

What should stock turn be in a 3 month period?

A

-1

37
Q

What should stock turn be per accounting period?

A

-1.33

38
Q

What should stock turn be per year (12month)?

A

-4.0

39
Q

What document will be used for each line item in Rom?

A

-Stock Record Card

40
Q

Who is responsible for disposing excess stock?

A

-Sales Officer

41
Q

The ship store program will obtain what type of Postal Stamps?

A

-Forever Stamps

42
Q

Forever Stamps will be sold in what Form?

A

-Booklet Form

43
Q

The Standard Markup for Department P-1 will be what percentage?

A

0%

44
Q

The reorder recommendations & breakout recommendation reports should be reviewed by whom monthly?

A

-Sales Officer

45
Q

Who will create a new stock department P-1 for postal stamps?

A

-Sales officer

46
Q

No more than how many day supplies of stamp books based on sales, until a sales history is established?

A

-30 day

47
Q

Ships will maintain a stamp book inventory equal to no more than what percentage of crew size?

A

-5%

48
Q

What personal is responsible to the sales officer for stamp inventory and sales conducted in the ship store?

A

-Ship store operator

49
Q

The dollar value of current emblematic inventory as reported on the emblematic inventory report should be reviewed by whom prior to procurement of additional emblematic inventory?

A

-Sales Officer

50
Q

If the ball cap is a command ball cap it should be marked up to what percent?

A

-6% (It falls under uniform)

51
Q

If the ball cap is emblematic it should be marked up to what percent?

A

-15%

52
Q

There are how many programs available in the Mediterranean?

A

-Two/NEX Stocked Merchandise/Direct to Ship program

53
Q

The retail price for postal stamps will be priced by whom?

A

-U.S. Postal Service

Retail Service Specialists NWAE STUDY MATERIAL (21 decks)

Brainscape helps you reach your goals faster, through stronger study habits.
© 2024 Bold Learning Solutions. Terms and Conditions