Question

decision related to warehousing of mobile phone.state reason

Answer 1

Mobile phones must be warehoused in a manner that the FIFO principle is followed, i.e. the product that is stored earlier should be issued earlier than the product that is stored later for two primary reasons. Firstly, because this product category suffers from obsolescence; demand for older products reduces with time as newer versions come into the market. Secondly, electronic items may become defective if stored for long periods.