1. Stock location, or warehouse layout, is concerned with the location of individual items in the warehouse. There is no single universal stock location system suitable for all occasions, but there are a number of basic systems that can be used. Which system or mix of systems, is used depends on the type of goods stored, the type of storage facilities needed, the throughput, and the size of orders. In view of the above, explain in detail FOUR basic systems of locating stock. (12 marks)
2. Describe the following warehouse location systems.
3. Fixed location systems
4. Floating (random) location systems (6 marks)
5. For each of the systems in (a), outline the advantages and disadvantages. (4 marks)

What are the four steps in any warehouse transaction?