Final answer:
A distribution center is the type of facility that minimizes storage costs and expedites the flow of goods. These centers employ modern technologies and benefit from economies of scale, reducing per-unit costs by operating at a larger scale.
Step-by-step explanation:
The type of storage facility that minimizes storing costs by expediting the flow of goods is a distribution center. Unlike traditional warehouses that simply store products, distribution centers are strategically designed to efficiently receive, process, and distribute goods to customers quickly. The advanced technologies employed in these centers, such as computerized systems and robots, help to improve turnaround time and reduce costs.
Companies like Amazon have utilized economies of scale to lower average costs per sale by operating out of large, computerized warehouses located in areas with low rent and easy access to transportation networks, leading to cost-effective shipping of finished goods. This business strategy aligns with the idea that an increase in the quantity of output can lead to a decrease in the cost per unit, as embodied by warehouse stores like Costco and Walmart.