Post Utme Afe Babalola University 2021 Commerce Question 4

Practice objective / multiple choice question 4 from the 2021 Post Utme Afe Babalola University Commerce examination.

Post Utme Afe Babalola University 2021 Commerce Objective / Multiple Choice
Question 4 POST_UTME_AFE_BABALOLA_UNIVERSITY • 2021 • COMMERCE • objective

A company is considering the use of a just-in-time (JIT) inventory system. What is the primary advantage of using a JIT system?

Answer Options

A. Reduced inventory costs
B. Improved product quality
C. Increased efficiency in production
Correct Answer D. Reduced lead times
Correct Answer
D
Correct Option:
Reduced lead times

About This Question

This is Post Utme Afe Babalola University 2021 Commerce Question 4. It is one of the objective questions from the 2021 Post Utme Afe Babalola University Commerce examination.

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