Post Utme Bells University 2022 Commerce Question 16

Practice objective / multiple choice question 16 from the 2022 Post Utme Bells University Commerce examination.

Post Utme Bells University 2022 Commerce Objective / Multiple Choice

Question 16 POST_UTME_BELLS_UNIVERSITY • 2022 • COMMERCE • objective

A company's warehousing and stock control system is designed to minimize inventory costs. Which of the following inventory control methods is most likely to be used?

Answer Options

Correct Answer A. Just-In-Time (JIT) inventory control

B. Economic Order Quantity (EOQ) inventory control

C. FIFO (First-In-First-Out) inventory control

D. LIFO (Last-In-First-Out) inventory control

Correct Answer

Correct Option:

Just-In-Time (JIT) inventory control

About This Question

This is Post Utme Bells University 2022 Commerce Question 16. It is one of the objective questions from the 2022 Post Utme Bells University Commerce examination.

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