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 analysis technique categorizes inventory items by value, focusing management attention on high-value items?
Answer: ABC analysis
ABC analysis classifies inventory into A (high value/low quantity), B (moderate), and C (low value/high quantity) categories to prioritize management effort.
A hotel's housekeeping department receives an invoice for 50 cases of amenities but the receiving report shows only 47 cases were delivered. What is the CORRECT action?
Answer: Issue a debit memo or credit request to the vendor for the 3 missing cases
A debit memo formally notifies the vendor of the shortage and requests a credit adjustment to the invoice for items not received.
What is 'economic order quantity' (EOQ) designed to minimize?
Answer: The combined total of ordering costs and inventory holding costs
EOQ calculates the ideal order size that minimizes the sum of ordering costs (per order) and holding costs (storage, capital tied up).
Which practice is MOST effective for reducing chemical waste in a housekeeping operation?
Answer: Using measured dispensing systems and dilution control equipment
Dilution control dispensing systems ensure chemicals are mixed at the correct concentration, preventing overuse and reducing waste and cost.
When a housekeeping supply item has multiple acceptable substitutes, which procurement strategy reduces supply chain risk?
Answer: Approved vendor list with at least two qualified suppliers per item
Maintaining multiple approved suppliers for key items ensures continuity of supply if one vendor experiences shortages or delivery problems.
In the context of linen management, what does 'par' typically refer to in US hotels?
Answer: The number of complete linen sets required to operate for one full cycle
Linen par is the number of complete sets needed to keep the operation running through one full inventory cycle including items in use, in laundry, and in storage.
Which of the following BEST describes the purpose of a perpetual inventory system?
Answer: Continuously tracking inventory levels in real time as items are received and issued
A perpetual inventory system updates stock records immediately with each receipt or issuance, providing a continuous real-time picture of inventory levels.