Post Utme Caleb University 2022 Commerce Question 1

Practice objective / multiple choice question 1 from the 2022 Post Utme Caleb University Commerce examination.

Post Utme Caleb University 2022 Commerce Objective / Multiple Choice

Question 1 POST_UTME_CALEB_UNIVERSITY • 2022 • COMMERCE • objective

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

Answer Options

A. To minimize inventory costs

B. To maximize inventory turnover

Correct Answer C. To ensure that stockouts do not occur

D. To reduce lead times

Correct Answer

Correct Option:

To ensure that stockouts do not occur

About This Question

This is Post Utme Caleb University 2022 Commerce Question 1. It is one of the objective questions from the 2022 Post Utme Caleb University Commerce examination.

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