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15 Cards in this Set
- Front
- Back
Bulkhead to bulk head |
Physical Count of all stock material |
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When is a bulkhead to bulkhead conducted |
A Random Sampling fails to meet the inventory accuracy rate of 95% |
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Specific Commodity |
Inventory Compromised of a generic segment of material examples same COG,FSC,OR ALL ALIKE ITEMS ELECTRON TUBES |
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Special Material Inventory |
Physical Characteristics items must be separated such as Hazmat |
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Spot (Specific Item) Inventory |
Taken to verify existence, non existence or actual physical quantity |
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Velocity |
Periodic physical Count of all stock items that experience relatively frequent demands and items that encounter infrequent or no demand |
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Random (Statistical) Sampling |
Measure of stock record accuracy for a segment of material based on physical of a specified number of randomly selected items |
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Random samplings are only conducted on what types of ships |
NWCF |
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What is the acceptable accuracy rate of a random sampling |
95% |
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What should be verified during a location audit |
NIIN, LOCATION, UNIT OF ISSUE, SHELF LIFE EXPECTANCY DATE |
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Validity inventory |
Similar to random sampling can be conducted on non-NWCF to determine over all inventory condition |
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When are validity inventories conducted |
Normally conducted during Supply Management Inspections and upon relief of Supply Officer |
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How often must Presentation Silver valued at 90,000 or more be inventoried |
Annually |
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How often will presentation silver that is valued at less than 90,000 be inventoried |
Each odd numbered year and upon change of custodian |
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What must inventory listing contain at a minimum |
NIIN, Item Description, Unit of Issue, All Storage Locations, Space to record Inventory Counts |