Question: Multiple True or False Indicate whether the following statements relating to stock levels are true or false: The cost of goods sold for Beef tenderloin
Multiple True or False Indicate whether the following statements relating to stock levels are true or false: The cost of goods sold for Beef tenderloin is $72,000 per year. Average stock held is $6,000. This means that a month's worth of stock should be held as par stock level. Answer 1 Choose... A hotel sells 66 kegs of beer per month. The average stock level held is 11. This means that the par stock level is approximately 10 days worth of supplies. Answer 2 Choose... The cost of brochures used in a hotel is $36,000 per year. Average stock held is $9,000. The hotel would hold 3 month's supply as par stock level. Answer 3 Choose... A system using par stock levels to reorder is an example of an imprest system. Answer 4 Choose
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