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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.
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