Question

Define warehousing. Explain the types and functions performed by warehouses.

Answer 1

a warehousing may be defined as a place used for the storage or accmulation    

of goods.

               types of warehousing

1. private warehousing

2.public warehousing

3.bonded warehousing

        its functions

1.storage

2.price stability

3.risk bearing

4.financing

5.grading and packing