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MOD 1 Funds of DA
matching
Question | Answer |
---|---|
Credit Slip | used for return items. |
Shelf Life | the amount of time a product can be stored before the product is no longer usable. |
Item Price | cost of one item. |
Unit Price | cost of an item packaged together. |
Bulk Price | cost of purchasing several units. |
Price Break | offered for items that are purchased frequently. |
Lead Time | the time between ordering something and receiving it. |
Expendable Items | less costly then capital items and include smaller instruments, syringes and thermometers. |
Nonexpendable | capital items. |
Equipment | is expensive. |
Routine Equipment Checks | extends the life of the equipment. |
Inventory Systems | to keep track of supplies and to make sure they are available when needed. |
Inventory | a complete list of all equipment and supplies that a dental practice has on hand. |
Capital Items | cost at least $500.00. |
Reorder Point | determines when a supply will be ordered based on lead time and rate of use. |
Routine Maintenance | usually performed either weekly or monthly. |