Inventory & Supply Management Flashcards

Which inventory method assigns the cost of the most recently purchased supplies to items consumed first?

Answer: LIFO

LIFO (Last-In, First-Out) assumes the most recently received items are used first, affecting cost calculations.

A housekeeping department tracks a product that costs $8 per unit with 200 units used monthly. Annual carrying cost is 20% of unit cost. What is the annual carrying cost per unit?

Answer: $1.60

Annual carrying cost per unit = $8 × 20% = $1.60 per unit per year.

What does a 'stockout' event indicate in supply management?

Answer: A required item is unavailable when needed

A stockout occurs when a needed supply item is completely depleted and unavailable for use.

Which practice best prevents supply pilferage in a housekeeping operation?

Answer: Limiting storeroom access and using sign-out logs

Restricted storeroom access combined with documented sign-out logs deters theft and creates accountability.

When establishing par levels for guest room amenities, which factor should be given the MOST weight?

Answer: Historical consumption rates and occupancy trends

Par levels should be based primarily on actual consumption data and occupancy patterns to ensure adequate supply without overstocking.

What is the purpose of a Material Safety Data Sheet (MSDS/SDS) in a housekeeping supply room?

Answer: To provide hazard information, safe handling, and emergency procedures for chemicals

An SDS (formerly MSDS) provides critical safety information including hazards, proper handling, PPE requirements, and emergency response for chemical products.

A hotel housekeeping manager notices linen inventory shrinking faster than expected. Which step should be taken FIRST?

Answer: Conduct a physical inventory count and compare to records

A physical count compared to records is the first step to determine whether discrepancies are due to loss, misplacement, or record errors.