Post Utme Afe Babalola University 2020 Commerce Question 31

Practice objective / multiple choice question 31 from the 2020 Post Utme Afe Babalola University Commerce examination.

Post Utme Afe Babalola University 2020 Commerce Objective / Multiple Choice

Question 31 POST_UTME_AFE_BABALOLA_UNIVERSITY • 2020 • COMMERCE • objective

In a just-in-time (JIT) inventory system, what is the primary goal of the reorder point?

Answer Options

A. To minimize inventory costs

B. To maximize inventory turnover

Correct Answer C. To ensure that stockouts are minimized

D. To reduce lead times

Correct Answer

Correct Option:

To ensure that stockouts are minimized

About This Question

This is Post Utme Afe Babalola University 2020 Commerce Question 31. It is one of the objective questions from the 2020 Post Utme Afe Babalola University Commerce examination.

View More Post Utme Afe Babalola University 2020 Commerce Questions More Post Utme Afe Babalola University Practice Questions Back to Questions

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows

Chat with Support