Stock & Inventory Control (P-487) Flashcards
ACB Consists of How many Categories, and what are they?
-Two/ Basic Necessity type items (Used for day to day living)/ Semi-Luxury type items.
What is ASL, and what type of items does it deal with?
-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.
What consists of each different size, brand, and model number?
-Line Item
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?
-UPC (Universal Product Code)
The maximum numbers of line items are indicated next to each retail department on what document?
-Nexcom Pub-81
Who must determine the condition of items currently stocked?
-Sales Officer
Request to add and change the stock listings in the Nexcom pub-81 will be sent to whom via copy?
-Nexcom/copy to Tycom
Stock numbers consist of how many digits, how many are class and sequence?
-10 digits /6-class/4-sequence
Any item not listed in the ACB, ASL, special bulletin or foreign merchandise bulletin will be assigned what classification number?
-960000
What are department codes A-1, A-2, S-1, D1, D3, E-1, K4, M3, P1, and T1?
- 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)
Foreign Merchandise is what department code?
-F-8
The total dollar amount of emblematic items should not exceed what percentage of the total ships store inventory at cost value?
-15%
Emblematic inventory report should be reviewed by what whom prior to procurement of additional emblematic inventory?
-Sales Officer
The dollar value percentage of emblematic inventory is reported to whom monthly on the ship store management report?
-CO
Excessive Emblematic Inventory is reported to whom?
-Tycom
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%?
-Senior Supply Officer
Emblematic items must be flagged on the stock record card with what symbol?
E
Upon approval from whom may Emblematic items be sold to the general public during authorized ship tours, VIP Visits, and pier side sales?
-CO
Tax free tobacco products will not be sold or transferred ashore or relanded within how many miles of the U.S.?
-3 miles
What with the Ships identification or Ships patch may be issued to food service personnel as organizational clothing?
-Emblematic T-shirts
Special Occupational & Environmental clothing & Textile items (sheets& pillow cases) will not be stocked without written authority from whom?
-Naval Supply Systems Command
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?
-Metal or Slow burning plastic
What are items, which may be returned to the vendor for credit invoice by using a credit memorandum (DD Form 1149)?
-Guaranteed Items
The Sale of Magazines, comics, pocket size books, other periodicals or recorded material considered offensive are strictly, what?
-Prohibited
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?
-Bonus Free items
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?
-Zero 0
The existence of hazardous merchandise will immediately be reported to whom?
-Nexcom
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?
-90 days (5months Deployment =90 days)
After a 90 day period Procurement may not be made exceed estimated sales for a remaining of how many days?
-60 days
Stock will not be procured if it will arrive onboard how many days or less prior to the ships departure from the foreign area?
-30 days
Nexcom supports ships in what area with a range of popular foreign merchandise authorized for stock in ships stores?
-Mediterranean
The Navy Exchange charges what percentage of restocking fee, for all items returned?
-10%
What is the Maximum Authorized inventory for ships conus and ships deployed?
-Conus $102.00 per person/ Deployed $204.00 per person
What is stock turn?
-Stock turn is the movement of stock through the ship store
What should stock turn be per month?
-.33
What should stock turn be in a 3 month period?
-1
What should stock turn be per accounting period?
-1.33
What should stock turn be per year (12month)?
-4.0
What document will be used for each line item in Rom?
-Stock Record Card
Who is responsible for disposing excess stock?
-Sales Officer
The ship store program will obtain what type of Postal Stamps?
-Forever Stamps
Forever Stamps will be sold in what Form?
-Booklet Form
The Standard Markup for Department P-1 will be what percentage?
0%
The reorder recommendations & breakout recommendation reports should be reviewed by whom monthly?
-Sales Officer
Who will create a new stock department P-1 for postal stamps?
-Sales officer
No more than how many day supplies of stamp books based on sales, until a sales history is established?
-30 day
Ships will maintain a stamp book inventory equal to no more than what percentage of crew size?
-5%
What personal is responsible to the sales officer for stamp inventory and sales conducted in the ship store?
-Ship store operator
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?
-Sales Officer
If the ball cap is a command ball cap it should be marked up to what percent?
-6% (It falls under uniform)
If the ball cap is emblematic it should be marked up to what percent?
-15%
There are how many programs available in the Mediterranean?
-Two/NEX Stocked Merchandise/Direct to Ship program
The retail price for postal stamps will be priced by whom?
-U.S. Postal Service
