Post Utme Bells University 2024 Commerce Question 31

Practice objective / multiple choice question 31 from the 2024 Post Utme Bells University Commerce examination.

Post Utme Bells University 2024 Commerce Objective / Multiple Choice

Question 31 POST_UTME_BELLS_UNIVERSITY • 2024 • 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 optimize the supply chain

Correct Answer

Correct Option:

To ensure that stockouts are minimized

About This Question

This is Post Utme Bells University 2024 Commerce Question 31. It is one of the objective questions from the 2024 Post Utme Bells University Commerce examination.

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