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8. Chapter 13 question. The new manager of the Philby Hotel plans to do the beverage purchasing for the property using the perpetual inventory method.

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8. Chapter 13 question. The new manager of the Philby Hotel plans to do the beverage purchasing for the property using the perpetual inventory method. She wants to reorder the items in the following list approximately every two weeks and plans to use a safety factor of 50 percent for calculating par stock and reorder point. Delivery requires six days. Storage space is ample. Given the daily usage figures listed here, determine par stock, reorder point and reorder quantity for each item. Each item is worth 5 point. Provide all the calculations under the table. Item Daily Usage Gin 4 Vodka 8 Par stock Reorder point Reorder quantity Item Gin Vodka 9. Chapter 13 question. Indicate with letter T or F if statements below are true or false: A. Mixers are alcoholic beverages used in small quantities to add character to special drinks. B. If a customer at the bar calls for a scotch and soda, she is normally given a call brand. C. Par stock is the maximum quantity of a given beverage product that should be on hand at any given time. D. Reorder point is the fixed quantity of a given beverage product that should be ordered each time an order is placed

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