Question

Which of the following best describe firms that might use cost based warehousing strategies? A) Firms...

Which of the following best describe firms that might use cost based warehousing strategies? A) Firms that distribute a large number of commodity items. B) Firms that need to have inventory near customers. C) Firms that need to have a quick response to customers. D) All of the above

Business   Operations-Management   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

Answer- A) Firms that distribute a large number of commodity items.

Explanation- The warehousing strategy plays a critical role in the revenue of a company and its growth. The main aim of a warehousing strategy is to reduce cost. There are many warehousing strategies such as benchmarking, Slotting, freight management, etc. The cost based warehousing is used when a firm distributes a large number of commodity items and ensures that the items are accessible to the consumers quickly.

0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Which of the following firms would be LESS likely to use more debt? a.   A firm...
Which of the following firms would be LESS likely to use more debt? a.   A firm owns many buildings and real estates. b.   A firm has stable taxable income. c.   A firm has large agency costs of equity. A firm has used up all other tax saving strategies. e.   A firm has low-rated (B- rating or below) bonds.
1-Identify and describe in detail two demand based and two supply based strategies for aggregate planning...
1-Identify and describe in detail two demand based and two supply based strategies for aggregate planning with examples? 2-What are the different ways to keep track of inventory in organizations? Explain clearly and in detail each of the approaches identifying some of the technologies that may be used for each approach 3-A producer uses 800 packing crates a month, which it purchases at a cost of KWD 20 each. The manager has assigned as annual carrying cost of 35 percent...
Which of the following statements best describes activity based costing?: Group of answer choices A. activity...
Which of the following statements best describes activity based costing?: Group of answer choices A. activity based costing focuses on assigning overhead costs B. activity based costing can only be used by very large, international companies C. activity based costing cannot be used in businesses that provide services to its customers D. activity based costing must adhere to generally accepted accounting principles
1.) Which of the following best describes a characteristic of vertical FDI? a. Behind the large...
1.) Which of the following best describes a characteristic of vertical FDI? a. Behind the large increase in FDI inflows to developing countries b. Main reason for this type of FDI is to locate production near a firm's large customers bases c. Both the multinational parent and the affiliates are located in developed countries d. The affiliate replicates the production process elsewhere in the world 2.) Offshoring a. Occurs when a parent contracts with an independent firm to perform specific...
1.) Which of the following best describes a characteristic of vertical FDI? a. Behind the large...
1.) Which of the following best describes a characteristic of vertical FDI? a. Behind the large increase in FDI inflows to developing countries b. Main reason for this type of FDI is to locate production near a firm's large customers bases c. Both the multinational parent and the affiliates are located in developed countries d. The affiliate replicates the production process elsewhere in the world 2.) Offshoring a. Occurs when a parent contracts with an independent firm to perform specific...
2. For each of the following scenarios, determine which market model best describes the scenario. Then...
2. For each of the following scenarios, determine which market model best describes the scenario. Then identify the number of firms, the type of product, and the ease with which new firms can enter the market under this market structure. a. Hundreds of colleges serve millions of students each year. The colleges vary by location, size, cost, and educational quality, which enables students to match schools to their diverse preferences b. Dozens of companies produce plain white socks. The standard...
2) Which of the following is NOT a cost associated with holding inventory? A) Money tied...
2) Which of the following is NOT a cost associated with holding inventory? A) Money tied up in holding inventory is not available for other purposes. B) Inventory generates storage and insurance costs. C) The ability to meet a surge in demand for the goods carried in inventory. D) Items in inventory may become obsolete and unsellable at a profitable price. 3) Which of the following is NOT an example of a type of inventory management activity? A) JIT or...
Metabolic rates change in response to ambient temperatures. Which of these might be predicted to be...
Metabolic rates change in response to ambient temperatures. Which of these might be predicted to be observed relative to this? a) Larger animals might be expected to have higher rates of metabolic increase per temperature shift than smaller, due to overall higher metabolic rates b) Smaller animals might be expected to have higher metabolic rate shifts than large, due to higher surface area to volume ratio c) Metabolic rate increases would be expected to increase at a constant rate across...
QUESTION 1 In a constant-cost industry where firms have identical cost, what will happen to the...
QUESTION 1 In a constant-cost industry where firms have identical cost, what will happen to the profit of the firms in the long run? Some firms will make positive economic profit, while some firms will make zero economic profit. All firms will be making zero economic profit. Only firms with positive economic profit will stay in the industry, because firms with negative or zero economic profit will exit the industry. Firms can be making positive, zero, or negative economic profit....
Question 19 (1 point) Which of the following statements is true in the simple circular flow...
Question 19 (1 point) Which of the following statements is true in the simple circular flow model? a Income flows into the households as a result of their supply of resources to firms. b Since there is no saving in this simple model, households use all their income for spending in goods and services supplied by firms. c When firms sell their goods, the money they receive is called revenue, which is used to pay for the resources firms hire....
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT