Post Utme Caleb University 2019 Commerce Question 13

Practice objective / multiple choice question 13 from the 2019 Post Utme Caleb University Commerce examination.

Post Utme Caleb University 2019 Commerce Objective / Multiple Choice
Question 13 POST_UTME_CALEB_UNIVERSITY • 2019 • COMMERCE • objective

A firm is considering the use of just-in-time (JIT) inventory management system. If the firm expects to receive a shipment of raw materials every 10 days, what is the average inventory level in the warehouse?

Answer Options

A. ₦50,000
B. ₦75,000
Correct Answer C. ₦100,000
D. ₦125,000
Correct Answer
C
Correct Option:
₦100,000

About This Question

This is Post Utme Caleb University 2019 Commerce Question 13. It is one of the objective questions from the 2019 Post Utme Caleb University Commerce examination.

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