Post Utme Afe Babalola University 2023 Commerce Question 36

Practice objective / multiple choice question 36 from the 2023 Post Utme Afe Babalola University Commerce examination.

Post Utme Afe Babalola University 2023 Commerce Objective / Multiple Choice

Question 36 POST_UTME_AFE_BABALOLA_UNIVERSITY • 2023 • 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 do not occur

D. To optimize the reorder quantity

Correct Answer

Correct Option:

To ensure that stockouts do not occur

About This Question

This is Post Utme Afe Babalola University 2023 Commerce Question 36. It is one of the objective questions from the 2023 Post Utme Afe Babalola University Commerce examination.

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