Which of the Following Is an Example of Consolidation Warehousing

question 62

Multiple Choice

Which of the following is an example of consolidation warehousing?

• A) Large shipments from multiple suppliers are re-sorted into customized shipments to individual stores.
• B) A single manufacturer takes output directly from a single manufacturing plant and sends it directly to a single customer.
• C) A single manufacturer takes output from several of its manufacturing plants and combines them into one shipment to a major customer.
• D) A single manufacturer holds a wide array of goods close to the source of demand.

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Definitions:

Equilibrium Quantity

Equilibrium Quantity is the quantity of goods or services that is supplied and demanded at the equilibrium price, where market supply and demand balance.

Demand Curve

A chart that demonstrates how the demand for a product changes in response to its price during a particular period.

Supply

The overall quantity of a particular product or service accessible to buyers.

Demand Curve

A depiction in graphic form that illustrates the link between the cost of a merchandise and the volume of demand from buyers.