Post Utme Bowen University 2024 Commerce Question 38
Practice objective / multiple choice question 38 from the 2024 Post Utme Bowen University Commerce examination.
A company's transport manager needs to determine the most cost-effective mode of transportation for a shipment of goods. The company has three options: road, rail, and sea. The costs of each mode are as follows: road = ₦10,000, rail = ₦8,000, and sea = ₦12,000. However, the company also needs to consider the time taken for each mode: road = 3 days, rail = 5 days, and sea = 7 days. Which mode of transportation is the most cost-effective?
Answer Options
About This Question
This is Post Utme Bowen University 2024 Commerce Question 38. It is one of the objective questions from the 2024 Post Utme Bowen University Commerce examination.
Master the Exam!
You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.