The term private warehouse refers to warehouses that are owned by the company that also owns the goods being stored. The answer is (a) true.
Private warehouse simply means a warehouse that is not for public use and it is privately owned by the company, manufacturers, wholesalers, or distributors that leased or purchased it in order to store their large quantity of inventory before distributing the inventory to the retail stores or straight to the consumers in the case of online stores. Examples of a private warehouse would be of a company's cold storage, distribution center, and shipping warehouse. Having a private warehouse may be initially costly, but it is an advantage for any company because of full control of the movement of inventory from end to end, hence creating a less margin of error.
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