Study Set: Phar ad finals

In this case, there is a wantbook for each

direct account and each major wholesaler.

Items are recorded in the appropriate

wantbook based on the need as indicated

by an order card located on each product,

or a strip of cardboard on the edge of the

shelf. The information on the card or strip

simply indicates the minimum and/or

maximum quantities—the number at which

the item is ordered and the quantity to

order— to bring the inventory to a maximum

level. The selling price and sometimes the

cost, in code, are also included. The items

are ordered at the appropriate time, at

which point the quantities and date of the

order are recorded in the wantbook. When

the order is received, notation is made of

shortages and related information.

Systematic Wantbook Method

Click To Flip the Card

Comments:

Phar ad finals

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