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Which of the following factors can be considered when selecting the location of a new warehouse facility? Select THREE that apply. * Cost of land * Product pricing * The nature of the items to be stored * Access to transport infrastructure * The reputation of the company * Profit margin
Correct Answer: A
Warehouse location selection depends on: * Land cost: Directly affects budget planning and long-term operational expenses. * Nature of items to be stored: Determines special requirements (e.g., climate control). * Access to transport: Proximity to transport hubs reduces logistics costs and improves efficiency. These considerations are critical for effective whole-life asset management, optimizing operational costs and logistics.