Inventory & Supply Management Flashcards
7 cards from real CHP practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.
Read the first 7 Inventory & Supply Management flashcards as text
Which type of purchase order is most appropriate for recurring housekeeping supply needs throughout the year?
Answer: Blanket purchase order
A blanket purchase order covers multiple deliveries of the same items over a set period, reducing paperwork for recurring orders.
What does 'just-in-time' (JIT) inventory management aim to achieve?
Answer: Receiving supplies only as they are needed to minimize storage costs
JIT inventory minimizes on-hand stock by timing deliveries to arrive exactly when supplies are needed, reducing storage and carrying costs.
When comparing two cleaning chemical suppliers, Supplier A offers a 5% discount for orders over $500, while Supplier B offers free delivery on all orders. Which factor should MOST influence the final decision?
Answer: Total cost of ownership including price, delivery, and reliability
Total cost of ownership considers all cost factors including price, delivery fees, and reliability, providing the most complete basis for vendor selection.
In inventory management, what is 'dead stock'?
Answer: Items that remain unused and unsold for an extended period
Dead stock refers to inventory items that have not been used or consumed over a long period, tying up capital and storage space.
Which document serves as the primary record when receiving a delivery of housekeeping supplies from a vendor?
Answer: Receiving report
A receiving report documents the actual quantities and condition of items received, allowing verification against the purchase order and vendor invoice.
A housekeeping department uses 150 rolls of toilet paper per day. Lead time from the supplier is 4 days. What is the minimum reorder point without a safety stock?
Answer: 600 rolls
Reorder point = daily usage × lead time = 150 × 4 = 600 rolls, ensuring stock lasts through the replenishment period.
What is the primary advantage of using barcodes or RFID tags on housekeeping supply items?
Answer: They enable faster, more accurate inventory tracking and reduce manual counting errors
Barcodes and RFID technology automate inventory tracking, reducing human error and the time required for stock counts.