Post Utme Bowen University 2022 Commerce Question 23

Practice objective / multiple choice question 23 from the 2022 Post Utme Bowen University Commerce examination.

Post Utme Bowen University 2022 Commerce Objective / Multiple Choice
Question 23 POST_UTME_BOWEN_UNIVERSITY • 2022 • COMMERCE • objective

A company uses the just-in-time (JIT) inventory system to manage its stock levels. What is the primary benefit of JIT?

Answer Options

A. Reduced inventory costs
B. Improved customer satisfaction
C. Increased production efficiency
Correct Answer D. Reduced waste and defects
Correct Answer
D
Correct Option:
Reduced waste and defects

About This Question

This is Post Utme Bowen University 2022 Commerce Question 23. It is one of the objective questions from the 2022 Post Utme Bowen University Commerce examination.

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