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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. |