What Is the Warehouse Activity That Involves Retrieving Materials from Storage

question 100

Multiple Choice

What is the warehouse activity that involves retrieving materials from storage and bringing them to manufacturing to fulfill a production order,or retrieving finishing goods from storage and preparing them for shipment to fulfill a customer order?

• A)put-away
• B)picking
• C)movement
• D)stocking
• E)logistics

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Definitions:

Corporations

Legal entities that are separate from their owners, with the right to own property, enter contracts, and engage in business.

Proprietorships

Businesses that are owned and operated by a single individual, with no legal distinction between the owner and the business entity.

Opportunity Cost

The value of the best alternative that is forgone when a decision is made to pursue a particular course of action.

Expected Profit Rate

The forecasted return on an investment, calculated based on potential outcomes and their probabilities.