CHP Inventory & Supply Management 2

Question 1

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

Accepted Answer

LIFO

Answer

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

Question 2

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?

Accepted Answer

$1.60

Answer

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

Question 3

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

Accepted Answer

A required item is unavailable when needed

Answer

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

Question 4

Which practice best prevents supply pilferage in a housekeeping operation?

Accepted Answer

Limiting storeroom access and using sign-out logs

Answer

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

Question 5

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

Accepted Answer

Historical consumption rates and occupancy trends

Answer

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

(CHP) Certified Housekeeping Professional Practice Test

(CHP) Certified Housekeeping Professional Practice Test

CHP Inventory & Supply Management 2