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- To calculate the cost of a warehouse, you need to consider the warehouse space you will be using, the monthly or annual rate to rent, lease, or purchase the space, and the estimated operating expenses to utilize the warehouse1. The basic warehouse cost formula is the rental rate per square foot times the square footage you need. On top of this, you add utilities and operating costs. Special requirements such as refrigeration add to your expenses2. Storage cost includes the cost of warehouse utilities, material handling cost, personnel cost, and climate control cost3.Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.The elements of the equation to calculate the cost of a warehouse are as follows: how much warehouse space you will be using, the monthly or annual rate to rent, lease, or purchase the space, and the estimated operating expenses to utilize the warehouse.www.warehousingandfulfillment.com/resources/war…The basic warehouse cost formula is the rental rate per square foot times the square footage you need. On top of this, you add utilities and operating costs. Special requirements such as refrigeration add to your expenses.work.chron.com/calculate-warehouse-storage-cost…Storage cost includes the cost of warehouse utilities, material handling cost, personnel cost, and climate control cost. Hence the formula will be as follows. Storage cost = warehouse utilities cost + material handling cost + personnel cost + climate control cost + (locality cost x area in square feet).www.erp-information.com/storage-costs.html
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