F&B

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AP means

As purchased price
AS means

As Served Price
EP means

Edible Portion
The goal of purchashing is to obtain the lowest possible as purchased?

Edible portion.
Customer count forecasts and vendor delivery schedules are the only tools for ensuring that an adequate supply of product is available for sale...true or false?

False
The goal of purchasing is to obtain the lowest possible as purchased price? True or False?

False
Items should be purchased in large quantities to minimize time spent ordering. True or false

False
Foodservice buyers complete against each other to obtain the best prices for goods and services? True or false

True
Foodservice operations are both manufacturers and retailers; therefore, they do not have to purchase a wide array of products and services. True or false

False
Goals of purchasing function?
- 1. Maintain adequate supply.
- 2. Maintain quality standards
- 3. Minimize investment
- 4. Maintain an operations competive position
- 5. Obtain the lowest possible edible portion or as service price.
Which of these is an objective or goal in purchasing?

Ordering in a way that ensures an adequate supply of products is on hand
Why is it important to minimize an operations investment?
- To maintain adequate cash reserves
- to minimize storage costs
- To ensure continued operation
When comparing prices among vendors buyers must focus on

EP price
Which of these items is frequently leased rather than purchased outright?

Warewashing machines
Those charge with purchasing must
- Possess a wide field of knowledge
- purchase food of specific quality
- Avoid purchasing too much product

Author

Anonymous

89855

Card Set

F&B

Description

Inventory and purchasing

Updated

2011-06-08T23:37:16Z

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