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Determine construction costs for enlarging the warehouse

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A company specializing in consumer goods determines that a 20% increase in pallet space will be needed in the company's warehouse. However, the company's warehouse is already at 95% capacity. Which of the following is the BEST way for the firm to satisfy its warehousing requirements with the least capital investment?

a) Determine construction costs for enlarging the warehouse

b) Move to a location that has ample space for the company's growth target

c) Utilize current space more efficiently by hiring additional warehouse personnel

d) Use a third-party logistics provider

Reference no: EM132826873

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