In a floating location system:
I. Goods are stored wherever there is appropriate space for them.
II. The same SKU may be stored in several locations at the same time.
III. An accurate and up-to-date information system is required.
IV. The system is appropriate for all warehouses.
A) all the above
B) I, II and III
C) I, II and IV
D) II, III and IV
E) none of the above is true.

Question

Quizplus · Accepted Answer

Goods are stored in whatever space is appropriate for them and the same SKU may be stored in multiple locations at the same time. An accurate and up-to-date information system is required to keep track of where each item is stored. However, the floating location system may not be appropriate for all warehouses, as some may require a more structured and organized approach to inventory management.

In a Floating Location System