Chapter 3 Managing Housekeeping Operations – Flashcards
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Maximum Quantity
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The greatest number of purchase units that should be in stock at any given time.
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Minimum Quantity
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The fewest number of purchase units that should be in stock at any given time.
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non-recycled inventory
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those items in stock that are consumed or used up during the course of routine housekeeping operations.
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organization chart
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A visual device that shows relationships among people and divides the organization's work; it shows who reports to whom.
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par number
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a multiple of the standard quantity of a particular inventory item that represents the quantity of the item that must be on hand to support daily, routine housekeeping operations
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performance standard
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a required level of performance that establishes the quality of work that must be done
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productivity standard
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an acceptable amount of work that must be down within a specific time frame according to an established performance standards
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recycled inventories
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those items in stock that have relatively limited useful lives but are used over and over in housekeeping operations
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