Post Utme Achievers University 2018 Commerce Question 16

Practice objective / multiple choice question 16 from the 2018 Post Utme Achievers University Commerce examination.

Post Utme Achievers University 2018 Commerce Objective / Multiple Choice
Question 16 POST_UTME_ACHIEVERS_UNIVERSITY • 2018 • COMMERCE • objective

The concept of 'Just-in-Time' (JIT) inventory system is most closely associated with which of the following inventory control techniques?

Answer Options

A. Economic Order Quantity (EOQ)
Correct Answer B. Just-in-Time (JIT)
C. Materials Requirements Planning (MRP)
D. Vendor-Managed Inventory (VMI)
Correct Answer
B
Correct Option:
Just-in-Time (JIT)

About This Question

This is Post Utme Achievers University 2018 Commerce Question 16. It is one of the objective questions from the 2018 Post Utme Achievers University Commerce examination.

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