A large part of the cost of distribution is storage. Storage costs include:Multiple select question.the cost of equipment to move goods in the warehouseoperating the warehouse facilitythe costs of shipping goods to and from the warehousethe cost of the warehouse facility
Question
A large part of the cost of distribution is storage. Storage costs include:Multiple select question.the cost of equipment to move goods in the warehouseoperating the warehouse facilitythe costs of shipping goods to and from the warehousethe cost of the warehouse facility
Solution
The costs associated with storage in distribution include:
-
The cost of equipment to move goods in the warehouse: This includes the purchase, maintenance, and repair of equipment such as forklifts, pallet jacks, and conveyor systems that are used to move goods within the warehouse.
-
Operating the warehouse facility: This includes costs such as utilities (electricity, water, etc.), security, cleaning, and other operational expenses.
-
The costs of shipping goods to and from the warehouse: While this is more closely related to transportation than storage, it is still a significant part of the overall cost of distribution. This includes the cost of fuel, vehicle maintenance, and driver wages.
-
The cost of the warehouse facility: This includes the cost of purchasing or leasing the warehouse space, as well as any property taxes or insurance associated with the facility.
So, all of the options listed are part of the cost of storage in distribution.
Similar Questions
Warehouse rent is a part of .a.production cost.b.prime cost.c.factory cost.d.distribution cost.
What term describes the cost of merchandise the firm sells?Multiple choice question.cost of goods producedcost of goods relinquishedcost of goods soldcost of goods returned
The cost of goods available for sale is allocated betweenGroup of answer choicesbeginning inventory and ending inventorybeginning inventory and cost of goods on handending inventory and cost of goods sold.beginning inventory and cost of goods purchased
Cost of goods available for sale consists of the: Group of answer choices cost of beginning inventory and the cost of goods purchased during the year. cost of ending inventory and the cost of goods purchased during the year. cost of beginning inventory and the cost of ending inventory. difference between the cost of goods purchased and the cost of sales during the year.
What are the two types of costs in a queuing situation?Multiple ChoiceCost of service capacity, total costCost of service capacity, cost of customers waitingTotal staffing cost, cost of customers waitingUnderloaded, overloaded
Upgrade your grade with Knowee
Get personalized homework help. Review tough concepts in more detail, or go deeper into your topic by exploring other relevant questions.