Read the chapter opener about Keith Mullin and his company, Gamer Grub. Keith is considering building a new, larger warehousing center to make his business more efficient and reduce costs. He expects that an efficient warehouse could reduce his costs by 20%.
Required
1. What are some of the management tools that Keith can use to evaluate whether the new warehousing center will be a good investment?
2. What information does he need to use the tools that are identified in your answer to part 1?
3. What are some of the advantages and disadvantages of each tool identified in your answer to part 1?