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1.What are Standard Purchase Specifications?
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-Provide an examples of the kinds of standard purchase specifications Gerhard might establish for the orange mango smoothie ingredients at his juice bar?
-Give two examples of how Gerhard might be “tripped up” if he doesn’t create purchase specs
2.What is a “Par Stock”?
-How might this apply to G and his smoothie ingredients?
-What problems might G face if he doesn’t establish a Par Stock for his ingredients?
-Identify a minimum of three considerations that need to be considered when establishing the par stock of any item.
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