Question 57
WarehousingWhich of the following is not a function of warehousing?
- A.Provision of storage facilities
- B.Availability of goods where needed
- C.Availability of goods when needed
- D.Reduction of price fluctuations
- E.Production in anticipation of demand
Show the answer and explanation
Answer: B (Availability of goods where needed)
Explanation
Warehousing makes goods available when needed (time utility); getting goods to where they are needed is the work of transport.