Post Utme Bowen University 2023 Commerce Question 10

Practice objective / multiple choice question 10 from the 2023 Post Utme Bowen University Commerce examination.

Post Utme Bowen University 2023 Commerce Objective / Multiple Choice
Question 10 POST_UTME_BOWEN_UNIVERSITY • 2023 • COMMERCE • objective

A company uses a just-in-time (JIT) inventory system to manage its inventory. What is the primary advantage of using a JIT system?

Answer Options

A. Reduced inventory costs
B. Improved product quality
C. Increased production efficiency
Correct Answer D. Reduced lead times
Correct Answer
D
Correct Option:
Reduced lead times

About This Question

This is Post Utme Bowen University 2023 Commerce Question 10. It is one of the objective questions from the 2023 Post Utme Bowen University Commerce examination.

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