the production of goods in anticipation of demand is made possible by?
Question 1 Report
the production of goods in anticipation of demand is made possible by?
Answer Details
The production of goods in anticipation of demand is made possible by warehousing. Warehousing refers to the process of storing goods before they are sold or distributed. By warehousing goods, manufacturers can produce goods in advance and store them until they are needed or demanded by customers. This enables manufacturers to respond quickly to changes in demand and to avoid stock shortages. Warehousing also allows manufacturers to take advantage of economies of scale by producing goods in larger quantities, which can reduce the overall cost of production.
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