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Chapter 8 Flashcards | StudBud
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Chapter 8
Chapter 8
15 terms
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StudBud Administration
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Food Services
Flashcards
15 cards
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Practice quiz
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Questions
15
Answers
1
The formula for forecasting is:
Purchase quantity = Quantity needed - Quantity on hand
False
True
2
The just-in-case approach is when more inventory is kept on hand just in case something occurs
False
True
3
A distribution channel is the path through which goods flow from consumer to vendor?
False
True
4
What is a broker?
Sales representative
Intermediary between manufacturer & purchasing manager.
Someone with maxed-out credits
A banker
5
What is a par system?
Average amount of items used routinely to trigger orders
How to score a gold game
6
Which task do distributors
not
do, besides just delivering food and beverage products?
Provide money-saving alternative food products
Suggest who to hire and fire
Menu development
Furnish nutritional info.
7
Sysco is the global leader in selling, marketing, and distributing food products.
False
True
8
What is the first piece of the distribution channel?
Source
Distributor
Food service guest
Manufacturer
9
Determining which products to buy ready to use or to prepare at the food service operation
Make-or -buy analysis
Make-or-take analysis
Ready-or-not analysis
Make-or-break analysis
10
When money is paid to a food service organization & certain volume thresholds are reached?
Return
Reach-in
Rebates
Refund
11
The purchasing function is a leading factor in driving profit for a large food operation.
False
True
12
How many apples did McDonald's purchase the year after the new product launch of Apple Dippers?
54 million
1 billion
28 thousand
One; no one liked the product
13
What does the acronym
JIT
stand for?
Joy in Teaching
Just-in Timberlake
Jello in Temples
Just in time
14
Which of these is not an example of a forecasting model?
Weighted average
Exponential smoothing
Difficult averages
Casual forecasting
15
Which of these is not a category that falls within food service management ethical dilemmas.
Manager's personal gains
Information
Treatment of distributors
Food quality