1. What might be the characteristics of a well-run and needed warehouse? State one characteristic and defend it. 2. What are some of the benefits of private warehouse ownership? 3. Why is it important to understand warehouse layout and design? 4. Although excessive inventory can have disadvantages to a business, warehouses actually counter many of the costs of logistics. Transportation costs and having direct access to needed goods are crucial. Warehouses are a much needed component of the supply chain. How important is expansion plans to warehouse operations? 5. When it comes to employee feedback (firsthand information), how should a company acquire this information? What best practices can you offer? 6. We assume that reuse and recycling save the company money. However, what controls do you need to ensure that there is a cost savings? 7. When it comes to efficiencies, what are some of the techniques used by 3PLs (such as FEDX) to store and deliver products? 2 references for each question, for question 1-4, use Supply Chain Logistics Management Bowersox, Closs, Cooper, and Bowersox (2013). Supply chain logistics management (4th Ed Ed.). Boston, Mass.: McGraw-Hill/Irwin, as one of the references Use the Text below as your references for questions 5-7. Not Just China: The Rise of Recalls in the Age of Global Business 1st Ed Bapuji, Hari; PISBN: 9780230104518 Make sure its 2 references per question