1.

Briefly explain the following: a) Bin card b) Reorder level c) Standard yield

Answer»

Bin card:- Bin cards are prepared for each item stored in the store. It contains the description o the item, balance o the item, quantity o goods received; the quantity o goods issued and the balance o the item are shown on daily basis. The bin cards are either kept along with each item or they are stored near the store keeper’s working table.

Reorder level:- It is the point at which stock on a particular item has diminished to a point where it needs to be replenished.( This is the point lying between the maximum and the minimum levels of stock)

Standard yield:- The yield of a recipe is the number of portions it will produce./ It can refer to the amount usable product after it has been processed.



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