ENTREPRENEURIAL OPERATIONS
INVENTORY MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The act of holding and handling goods in a ware-house is ____ ?
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Lead time
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Safety stock
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Warehousing
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Usage rate
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Explanation:
Detailed explanation-1: -A warehouse is a building for storing goods. Warehouses are used by manufacturers, importers, exporters, wholesalers, transport businesses, customs, etc. They are usually large plain buildings in industrial parks on the outskirts of cities, towns, or villages.
Detailed explanation-2: -Warehousing is a process of storing goods in a warehouse for the purpose of distribution, sale, or manufacturing.
There is 1 question to complete.