LSP Manufacturing creates office furniture for both home and business customers. They have been in…

LSP Manufacturing creates office furniture for both home and business customers. They have been in business for fifty years and sell primarily to business offices and e-commerce consumers in the Greater Toronto Region. The Operations Manager at LSP Manufacturing has been looking for a new warehouse space to either expand into or consolidate all of LSP’s requirements in one building. They have expanded into the adjacent units at their current location, however there are no other units available in the foreseeable future.The layout includes a production area (that is going to require more future space), a set of offices (that will also require more space as they grow), and the warehouse where raw materials and finished goods are stored. The interior of the warehouse is twenty-five feet high, with LED lighting throughout. It has four truck-level dock doors to accommodate forklifts for loading finished goods and unloading raw materials. The Operations Manager sees two possible alternatives – find one large warehouse that can accommodate all of the operations including production, warehousing, and office space or, alternatively, find a public warehouse that can take on the warehousing requirements and use the current space to expand production and the office space.You have been asked to prepare a preliminary report on the logistical impacts of the two options. As the Director of Logistics – you’ve been asked to focus your analysis on logistics (materials handling, transportation, warehousing, etc.). Specifically, you have been asked to:Describe five advantages and five disadvantages for each of the two new warehousing options. Make a final choice, and justify your decision based on your comparisons