On August 31, as the Executive Housekeeper of the Royal Hotel in San Antonio, Texas, you...
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On August 31, as the Executive Housekeeper of the Royal Hotel in San Antonio, Texas, you have taken the monthly inventory for sheets, finding that the total number on hand is 5,715. The Royal has 400 rooms with two queen size beds. Each bed is set with two sheets. The pre- established PAR STOCK for sheets is four. The beginning inventory on August 1 was 5,500. The hotel purchased 40 dozen sheets on August 18. Twenty-eight damaged sheets were discarded during the month. a. What is the shrinkage (loss of inventory) for the month. b. What is the number of sheets that you need to order to bring the stock to par level. On August 31, as the Executive Housekeeper of the Royal Hotel in San Antonio, Texas, you have taken the monthly inventory for sheets, finding that the total number on hand is 5,715. The Royal has 400 rooms with two queen size beds. Each bed is set with two sheets. The pre- established PAR STOCK for sheets is four. The beginning inventory on August 1 was 5,500. The hotel purchased 40 dozen sheets on August 18. Twenty-eight damaged sheets were discarded during the month. a. What is the shrinkage (loss of inventory) for the month. b. What is the number of sheets that you need to order to bring the stock to par level.
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Related Book For
Essentials Of Statistics For Business And Economics
ISBN: 9781305081598
7th Edition
Authors: David Anderson, Thomas Williams, Dennis Sweeney, Jeffrey Cam
Posted Date:
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