A factor necessary for siting a warehouse is nearness to

Assessment: JAMB UTME - Commerce - 2001 Subject: Commerce

Question 1 Report

A factor necessary for siting a warehouse is nearness to
Answer Details
A factor necessary for siting a warehouse is nearness to consumers. This is because the main purpose of a warehouse is to store goods before they are distributed to the end consumers. Therefore, it is important for a warehouse to be located in close proximity to the target market to reduce transportation costs and ensure timely delivery of goods. Additionally, proximity to consumers allows for better inventory management and reduces the risk of stockouts.

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