Author Question: Describe procedures for distributing and adjusting the crew schedule. What will be an ideal ... (Read 56 times)

cnetterville · **on:** Aug 10, 2018

Describe procedures for distributing and adjusting the crew schedule.

What will be an ideal response?

Question 2

Explain the difference between physical and perpetual inventory systems.

What will be an ideal response?

nmyers · **Reply #1 on:** Aug 10, 2018

Answer to Question 1

Crew schedules should be distributed on a timely basis. Posting on an employee bulletin board, including with paychecks, and using email and intranet are some ways to distribute the schedule.

Answer to Question 2

In a physical inventory system, managers count the number and record the amounts of each product in inventory. Typically, they also determine the monetary value of the products at the same time. The key advantage of a physical inventory system is its accuracy.

A perpetual inventory system is a continuous count of the number of items in inventory. Managers determine the perpetual inventory by first establishing the actual amount of product on hand. Then they add to that number all purchased units and subtract all issued units. The key advantage of a perpetual inventory system is that the managers always know the quantity of product that should be available in inventory.