Post Utme Al Hikmah University 2024 Commerce Question 5

Practice objective / multiple choice question 5 from the 2024 Post Utme Al Hikmah University Commerce examination.

Post Utme Al Hikmah University 2024 Commerce Objective / Multiple Choice
Question 5 POST_UTME_AL-HIKMAH_UNIVERSITY • 2024 • COMMERCE • objective

A business may choose to use a just-in-time (JIT) inventory system. What is the primary benefit of JIT?

Answer Options

A. To reduce the business's inventory costs
B. To improve the business's quality control
C. To increase the business's production efficiency
Correct Answer D. To reduce the business's lead time
Correct Answer
D
Correct Option:
To reduce the business's lead time

About This Question

This is Post Utme Al Hikmah University 2024 Commerce Question 5. It is one of the objective questions from the 2024 Post Utme Al Hikmah University Commerce examination.

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