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67 Cards in this Set
- Front
- Back
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why is effective stock control important
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because the ship store does not have an unlimited amount of money to invest in stock
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what is frequetly the result of excess stock
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decreased sales and ties up money that could be used for new merchandise
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how is the importance of stock control best understood
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by knowing how the floew of money and metrials in the Navy resale system affects your ship stroe afloat
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what is the starting point for the stock control cycle
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with working capital (NWCF) that is used to procure ships store stock
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what determines the amount of ship store inventory
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procurement of ships store stock
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what is generated by sales
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NWCF money, and profits
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how are profits of ships store stock determined
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by the markup over costfor items sold in the ships store
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as a ships store manager, what is the optimum stock level
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anticiapted 90 day supply of stock
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what is meant by the term 'stock turn'
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the movement of stock thru the store
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how is ships store stock moved
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by expending it from the store thru sales, transfers, issues, surveys, and reduction in selling price (cumulative expenditures)
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what is stock turn based on
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your sales to stock ratio
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what is a sales-to-stock ratio
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the degree in you efficiency in maintaining an optimum stock level over a set period of time
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what is the NAVSUP P487 sales-to-stock ratio
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maintaining a 1.33 to 1 ratio of sales over a 4 month period
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how can you determine you stock ratio
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divide cumulative expendituresfor the number of months covered by the beginning invetory
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what is provided if a ration of 1.33 to 1 or above is maintained
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sufficent working capital should be avaliable to initiate additional procurement
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what are mandatory stock items
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basic items of stock that must be stocked at all times
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what pub provides a mandatory stock plan, which shall be followed by all ships' stores
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merchandising and stocking guide NEXCOM Pub 81
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where can you find a list of mandatory stock items that are brand name line items
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current CARGO- NAVSUP P 4998, Ch 2
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where must any basic itme that you wish to carry in stock be listed
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CARGO and ACB
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what type of limitation restricts you frm selling sunglasses that might have harmful optical properties
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qualitative limits
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what pub contains the guidelines for judging the acceptability of materials, such as magazines, music and books
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NAVSUP P487
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how should emblamatic items sold in the ships store be coded on the stock record
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"E"
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what is the recommended stock limitation on the authorized emblamatic items
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15 percent of ships store stock at cost value
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what are the two general catagories for items that are not authorized for ships store stock
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itmes not listed on authorized stock list and items that are prohibited
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how do you procure items that are not on the authorized stock list as long as they are not prohibited
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submit you requisition to NEXCOM, and cunsult NAVSUP P487 for details to be included in the request
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what is the regualtion on procuring merchandise that bears the impression of US currency
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you CAN NOT procure these items
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what is the objective of any retail store
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to provide customer serviceby selling the highest quality items
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what is the maximum authorized inventory level for ships in CONUS
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102 per person
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what is the maximum authorized inventory level for ships deployed
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204 per person
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how can you ensure the in-stock positions for all merchandise is maintained and inventories stay within prescribed limitations
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conduct a supply demand review at least once a month, during this time review all stock record and inventory management reports
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what is the purpose of the emblamatic listing report
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lists all emblamatics currently in stock
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what does the amblamtic listing report inlcude
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current cost, current retail, extended retail and is compiled in stock order by store number
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what are the two sales ranking reports
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sales ranking by dollar, sales ranking by quantity
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what is the sales rankin by dollar report
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consolidates and lists all sales quantities for the accounting period and ranks the top selling items according to dollars generated
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what is the sales rankin by quantity report
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consolidates and lists all sales quantities for the accounting period and ranks the top selling items according to quantity sold
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what report lists all the stock items and current book inventory quantities on hand
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the stock record listing report
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how is the stock record listing report arranged
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by store number and then by stock number
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what report relplaces the inventory control record previously used
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the stock turn report, which is used anytime to determine your stock turn position
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what should be your stock turn
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at least .33 permonth and 1.33 per accounting period
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what should be consulted for the authorized atock and their quantities
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NAVSUP P 487 and NEXCOM Pub 81
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what is the basis for itme listed in NEXCOM Pub 81
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the consumption factors of per person per month for an 8 month period
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in U.S waters, what are the three primary procurement sources for ships store items in the U.S
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automated contract bulliten (ACB), automated ships store afloat catalog lisiting (ASL), federal industrial supply center (FISC)
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where should you always first attempt to acquire ships store stock befor using any other method of procurement
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the excess stock lists
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how is procurement of excess stock accomplished
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as an OSO at mutually agreed upon prices
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where are local sources and fixed prices for authorized items of ships store stock found
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ACB
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when placing an order with a vendor using the ACB, what should be used as the purchase order document
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order for supplies or services/ request for quotations (dd form 1155)
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how is the ASL distributed by NEXCOM
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on the resource cd
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what source is used to order luxury items
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the ASL and should be printed on the 1155
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what is the monetary limitation on a purchase order for items in the ASL
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10,000 per purchase order
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when placing phone orders, whe should the 1155 be prepared and signed
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the DD Form 1155 will be prepared and signed before giving the purchase order number to the vendor
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what must orders that exceed the specific monetary limit include
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defense acquisition regulation clause
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when yoru ship is deployed, what sytem will be used to deliver mechandise ordered through the ASL
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parcel post system
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when can you purchase limited quantities of authorized stock from the NEX
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when other sources are not avaliable, you must use the 1155 for this transaction
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how are purchases for the NEX accounted for
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as receipts from purchase, a surcharge will be assessed by the NEX
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how are OSO's accomplished
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by ssubmitting the appropriate document and following the guide lines set forth in the NAVSUP P487 and ROM II
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when are SHs most likely to come in contact with ashore supply activity
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when procuring laundry supplies
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when ships are deployed, what is the normal source of supply for ship store stock
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combat logistics force (cfl) ships
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what is the specific requisition guidance for stock from the cfl
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the cargo
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during your deployment, what will your be required to submit to the SUPPO to be included on the LOGREP for the UNREP
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the UNREP request
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what pub should eb used for specific details on the requistion procedures associated with UNREP
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cargo, p 487
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during deployment how can you procure foreign merchandise
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thru the NEX
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who is the authorized contractor who may open purchase ships store stock, equiptment, and services
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SUPPO
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what sources can be used to open purchase ships store stock in an emergency overseas
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commissary, the husbanding agent, or NEX
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what does the stock record card contain
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SKU numbers, pricing, and catagorical info
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where can procedures on how to create a stock record card be found
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ROM II users guide
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what must a purchase order for supplies state
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the terms, date, and time of delivery, the authority for the purchase, and other essential info
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why should the ACB and ASL your first and principal source of procuring from commercial suppliers
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because NEXCOM has already entered into agreements with a supplier
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