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Appendix 1, Continued - 14237_207
RETAIL PRICE. A retail price is the price at which an item other than standard Navy clothing and  cost  of  operations  items  are  sold  or  issued. RETAIL  STORE.  A  retail  store  is  a  sales outlet  where  retail  items  are  sold. RETAIL  STORE  OPERATOR.  A  retail  store operator is the person in charge of a retail store. For  combined  responsibility  operations,  it  also refers  to  the  custodian  of  a  retail  store  and  the bulk  storeroom  that  provides  supplies  for  that store. REVALUATION  BY  SURVEY.  Revaluation by  survey  is  a  procedure  for  lowering  the  price of  an  item  by  a  survey  of  money  value  only. SAFETY  LEVEL,  The  safety  level  is  the quantity of material, in addition to the operating level,  required  to  be  on  hand  to  permit  continuous operations in the event of interruption of normal replenishment  or  unpredictable  fluctuations  in  the issue demand. SALE. A sale is any expenditure of stock for which   cash   is   received.   Accountability   is   un- changed  by  a  sale. SALES  OUTLETS.  Sales  outlets  are  retail stores, vending machines, amusement machines, and  standard  Navy  clothing  stores. SEPARATE   RESPONSIBILITY   OPERA- TION.   A   separate   responsibility   operation   in which two or more persons are responsible for the operation  of  a  sales  activity  and  the  bulk storeroom  that  supplies  that  activity. SERVICE  ACTIVITY.  A  service  activity  is  a ship’s  store  facility  that  renders  a  service.  The barbershop,  laundry,  dry-cleaning  plant,  and tailor  shop  are  service  activities. SHIP’S STORE. A ship’s store consists of the sales outlets and services activities on board a ship. SHIP’S  STORE  AFLOAT  CATALOG.  The Ship’s  Store  Afloat  Catalog  (SSAC)  contains luxury   and   semiluxury   type   of   items.   It   is published  and  maintained  by  NAVRESSO. SHIP’S   STORE   CONTRACT   BULLETIN. The Ship’s Store Contract Bulletin contains basic staple-type  items  required  to  support  needs  of  the crew.   It   is   published   and   maintained   by NAVRESSO. SHIP’S  STORE  OFFICER.  The  ship’s  store officer is the officer in charge of the ship’s store operations aboard a ship. The ship’s store officer is  the  accountable  officer. SNACK  BAR.  A  snack  bar  is  a  sales  outlet where  ice  cream  products,  drinks,  and  retail  snack items  (such  as  candy  and  cookies)  are  sold. SNACK   BAR   OPERATOR.   A   snack   bar operator is the person in charge of the snack bar. SPECIAL ORDER. A special order is the pro- curement and sale of a retail item to a specified individual who has ordered the item. The item is sold through a retail store, but is not carried as stock . STANDARD   NAVY   CLOTHING   ITEMS. Standard Navy clothing items are items authorized in  the  Navy  Clothing  Price  List  for  Men  and Women   (NAVRESSO   Pub   90). STANDARD  PRICE.  A  standard  price  is  the price at which an item of Navy clothing is bought and  sold. STANDARD   PRICE   ADJUSTMENT.   A standard  price  adjustment  is  an  involuntary  price change  on  stocked  standard  Navy  clothing resulting   from   a   change   in   standard   prices prescribed  in  the  Navy  Clothing  Price  List  for Men  and  Women  (NAVRESSO  Pub  90). STOCK  TURN.  Stock  turn  is  the  movement of stock through the ship’s store operation. Stock is  moved  by  its  being  expended  from  the  ship’s store   through   sales,   markdowns   below   cost, markdowns  to  zero,  transfers,  issues  (except  issues to use), and surveys (except surveys to the Navy Stock  Fund).  A  stock  turn  of  1.33  per  account- ing period is required. This will result in four stock turns per year. STOCKAGE  OBJECTIVE.  A  stockage  objec- tive  is  the  maximum  quantity  of  material  to  be maintained  on  hand  to  sustain  current  operations. It includes the sum of stocks represented by the operating  level  and  the  safety  level. SURVEY. A survey is an expenditure of stock for   immediate   disposal.   Surveys   reduce   ac- countability. AI-4

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