Post Utme Bsu 2021 Commerce Question 1

Practice objective / multiple choice question 1 from the 2021 Post Utme Bsu Commerce examination.

Post Utme Bsu 2021 Commerce Objective / Multiple Choice

Question 1 POST_UTME_BSU • 2021 • COMMERCE • objective

In a just-in-time (JIT) inventory system, what is the primary goal of the reorder point?

Correct Answer A. To minimize inventory costs

B. To maximize inventory turnover

C. To reduce lead time

D. To determine the optimal order quantity

Correct Answer

Correct Option:

To minimize inventory costs

This is Post Utme Bsu 2021 Commerce Question 1. It is one of the objective questions from the 2021 Post Utme Bsu Commerce examination.

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