Post Utme Bells University 2024 Commerce Question 36

Practice objective / multiple choice question 36 from the 2024 Post Utme Bells University Commerce examination.

Post Utme Bells University 2024 Commerce Objective / Multiple Choice
Question 36 POST_UTME_BELLS_UNIVERSITY • 2024 • COMMERCE • objective

A company specializes in producing a single product, which is a type of electronic component. The production process involves several stages, including design, prototyping, testing, and manufacturing. The company uses a just-in-time (JIT) inventory system to manage its inventory levels. Which of the following is a benefit of using a JIT inventory system in this context?

Answer Options

A. Reduced inventory costs
B. Improved product quality
Correct Answer C. Increased production efficiency
D. Enhanced customer satisfaction
Correct Answer
C
Correct Option:
Increased production efficiency

About This Question

This is Post Utme Bells University 2024 Commerce Question 36. It is one of the objective questions from the 2024 Post Utme Bells University Commerce examination.

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