Private warehouses (compared to public warehouses) are most appropriate when a firm has a regular need to store a large quantity of goods.

Question

Quizplus · Accepted Answer

Private warehouses are owned and operated by the firm itself, providing exclusive access and control over the storage space. This makes private warehouses more appropriate when a firm has a regular need to store a large quantity of goods, as they can customize the warehouse to meet their specific needs and have the flexibility to adjust as their storage needs change over time. In contrast, public warehouses are shared facilities that are open to multiple firms and may be more appropriate for irregular or temporary storage needs.

Private Warehouses (Compared to Public Warehouses) Are Most Appropriate When