Which of the following functions is not performed by warehousing?
index-0
Stabilization of price
index-1
production ahead of demand
index-2
creating scarcity of goods
index-3
storage of goods
Correct Answer:
C
Functions of Warehousing include:
Storage: This is the basic function of warehousing.
Price Stabilization: Warehouses play an important role in the process of price stabilization.
Grading and Packing
Regular production
Time utility
Store of surplus goods
Etc.