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Determine construction costs for enlarging the warehouse

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Reference no: EM133327058

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?

- Use a third-party logistics provider.

- Utilize current space more efficiently by hiring additional warehouse personnel.

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

- Determine construction costs for enlarging the warehouse.

Reference no: EM133327058

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