FUNCTIONA particular process in the
ROM system that affects ships store records.
GROUP SALEA sale of merchandise to a
group in which several individual orders have
been consolidated. A group sale is made when
individual sales to personnel cannot be made.
HEALTH AND COMFORT ISSUESThe
provision of toilet goods, tobacco, clothing items,
and other necessities required for the health and
well-being of personnel without sufficient funds
to purchase them.
HIGH LIMITThe maximum quantity of
material to be maintained on hand and on order
to sustain current operations. It includes the sum
of stocks represented by the operating level, the
safety level, and order and shipping time
(equivalent to requisitioning objective).
INTRASTORE TRANSFERA movement
of material from the responsibility of one sales
outlet operator to that of another.
INVENTORY AFFIDAVITA certification
signed by the responsible custodian and ships
store officer stating that the inventory is accurate
and complete to the best of their knowledge and
INVENTORY CONTROL RECORDA
record used by the ships store officer to plan and
manage the ships store inventory by making sure
inventory limits for ships store and standard
Navy clothing stock are not exceeded; prevents
overbuying and underbuying.
INVENTORY LIMITATIONSThe maxi-
mum dollar value of ships store stock that
can be carried, at cost price, during any one
INVENTORY SUMMARY SHEETA
record used to consolidate all Inventory Count
Sheets, NAVSUP Form 238, for each individual
INVOICEAn itemized list of material or
services rendered or received, including quantities,
prices, and so forth.
ISSUEAn expenditure of stock for some
further purpose. Issues reduce accountability.
LAYOUT SKETCHSketch of each sales
outlet and bulk storeroom prepared by the ships
store officer including each bin, shelf, showcase,
and so forth, in each space identified by a number.
LOW LIMITThe stock position that signals
the need to start replenishment action. It includes
the sum of stocks represented by the safety level
and the order and shipping time (equivalent to
MANUFACTURED ITEMSItems sold in
the snack bar that require further processing by
the snack bar operator before they are sold to the
MARKDOWNA voluntary reduction in the
selling price of an item. There are three types of
markdowns: markdowns below cost, markdowns
to zero, and retail markdowns.
MARKDOWN BELOW COSTA voluntary
reduction in the selling price of an item below its
original cost price.
MARKDOWN TO COSTA type of retail
markdown in which the selling price of an item
is reduced so that it is equal to its cost price.
MARKDOWN TO ZEROAn expenditure
of stock through a price change that reduces the
value of the item to zero.
MARKONAny voluntary increase in the
established selling price of an item.
MARKUPThe difference between the cost
price and selling price of a retail item.
MONETARYA term used in the ships store
operation referring to money.
OPTAROperating target. Obligation
authority granted by type commanders to ships
and commands under their control to cite their
allotment in procuring materials and services.
Instructions and limitations are provided by each
OVERRINGAn incorrect higher price for
an item rung up on a cash register.
PARTIAL SHIPMENTA situation that
occurs when the quantity ordered on the purchase
document is not all received at the same time.