Author Question: What is a crew schedule? a. A list of days and times that managers must work b. A list that ... (Read 112 times)

panfilo

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What is a crew schedule?
 
  a. A list of days and times that managers must work
  b. A list that includes only days and times that nonservice employees must work
  c. A list of days that employees have requested for vacation time
  d. A list of days and times that employees receiving wages will work

Question 2

Explain how to calculate an inventory turnover rate.
 
  What will be an ideal response?



Juro

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Answer to Question 1

D

Answer to Question 2

Inventory turnover rates measure the frequency with which beverages are ordered and sold. The formula for the inventory turnover rate is Cost of goods sold  Average amount in inventory. The cost of goods sold (COGS) in the formula is the cost to purchase the beverage products that generated beverage revenue. The average inventory in the formula is the monetary value, or amount, of all products in inventory at the beginning of the period plus the amount of inventory at the end of the period, divided by two. Effective managers routinely calculate and monitor changes in their inventory turnover rates.



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