SHIPS STORE APPENDIX  V MANAGEMENT OBJECTIVES The  following  list  of  management  objectives  is  provided  as  a  correlated, ready  reference.  These  objectives  should  be  reviewed  periodically  and  used as  a  guide  in  achieving  the  desired  operating  results. 1.  Four  stock  turns  per  year  are  required.  Achieving  a  stock  turn  of  at least  1.33  per  accounting  period  will  result  in  attaining  the  annual  goal. 2.  Monthly  review  of  all  stock  and  stock  records. 3.  Maintaining  cost  of  operations  expenses  at  2.5%  but  not  more  than 5%  of  sales  per  accounting  period. 4. Attaining a gross profit of approximately 15% to cover general operating expenses (such as General Fund assessment, cost of operations, markdowns, surveys,  etc.)  and  not  jeopardize  profits  available  for  transfer  to  the  recrea- tion  fund. 5.  Attaining  a  minimum  of  32-percent  net  profit  on  can  drink  vending machines. 6.  Attaining  the  planned  operating  profit  in  the  snack  bar. 7. Maintaining an in-stock position on all items of recurring demand and keeping  inventories  within  prescribed  limitations. OPERATIONAL   ANALYSIS   REPORT The  primary  purpose  of  the  Operational  Analysis  Report  is  to  point  out stock turn and the performance of other phases of the ships store operation. (Refer  to  fig.  AV-1  as  you  read  the  information  below.) Figures  reported  on  Operational  Analysis  Reports  are  obtained  from  the Ships Store Balance Sheet and Profit and Loss Statement (NAVCOMPT Form 153). Formulas used are as follows (caption numbers refer to captions on the Operational   Analysis   Report): Data  Block  and  Caption Explanations  of  Entries Gross   Profit Retail  Sales  (caption  1)  minus  Cost  of  Retail Sales  (caption  2). AV-1