Exam (elaborations)
CDM Manage Business Operations.
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CDM Manage Business Operations.
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CDM Manage Business OperationsThe main purpose of purchasing is... - correct answer-buy the products needed at
the best cost and optimal value and get them delivered when and where they are
needed
A Specification is.. - correct answer-A quality statement that lists what requirements
must be met in order for a product to be acceptable
The purpose of a specification is... - correct answer-quality control
A grade is... - correct answer-a rating that describes the quality and appearance
characteristics of a product. It may describe uniformity, texture, fat content, flavor,
maturity, and/or other quality factors
A #10 can provides, approximately, how may cups per can? - correct answer-12-13
cups; but may vary based on the product
How many #10 cans are in a case? - correct answer-6 cans in a case
Can Cutting is... - correct answer-a procedure of sampling products for possible
purchase
Name several purchasing specification factors for processed fruits and vegetables. -
correct answer-Grade (if desired),
drain weight,
packing medium,
can (container) size
Name several purchasing specification factors for fresh fruits and vegetables -
correct answer-Grade (if desired),
variety,
size,
type of pack,
count per container,
growing area
Name several purchasing specification factors for seafood. - correct answer-Type (fin
fish or shellfish),
market form (alive, whole, shucked), quality requirements (describe flesh, eyes, skin,
gills, etc),
grade (if desired),
inspection (voluntary),
, processing requirements
Name several purchasing specification factors for poultry - correct answer-Kind
(chicken, turkey, duck, goose),
class (typed by age),
grade (if desired),
size (weight limitations),
Inspection (mandatory),
Style (whole, breast, breast w/ribs, etc.),
State of refrigeration
Name several purchasing specification factors for meats - correct answer-Inspection
(mandatory),
Grading (if desired),
IMPS/MBG descriptions,
Weight/thickness limitations,
Fat limitations,
State of refrigeration,
Miscellaneous (tying, boning, packaging, etc)
Drain weight is... - correct answer-how much product you will have left after the liquid
has been drained. It affects your yield and price. A minimum drain weight
Inventory valuation is... - correct answer-the dollar figure or value of all inventory on
hand at a given point in time
What are three things to consider when deciding whether to make versus buy? -
correct answer-Quality, labor, costs
A prime vendor is... - correct answer-a primary supplier who usually provides about
80% of the products
Competitive Bidding is... - correct answer-asking multiple vendors to submit price
quotes for products or equipment based on defined specifications. Can be done
through a formal or informal process
Cherry picking is... - correct answer-a purchasing concept where you purchase
individual products from individual vendors as opposed to using a primary vendor.
The advantage is obtaining the lowest possible price for each item
A purchase order is... - correct answer-a business document that specifies what is
being purchased, in what quantity, from whom, for whom, and under what terms.
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