Post Utme Covenant University 2017 Commerce Question 2

Practice objective / multiple choice question 2 from the 2017 Post Utme Covenant University Commerce examination.

Post Utme Covenant University 2017 Commerce Objective / Multiple Choice
Question 2 POST_UTME_COVENANT_UNIVERSITY • 2017 • COMMERCE • objective

A company uses a just-in-time (JIT) inventory system to manage its stock levels. What is the primary benefit of this approach?

Answer Options

A. Reduced inventory costs due to lower stock levels
B. Improved product quality due to reduced handling
C. Enhanced customer satisfaction due to faster delivery
Correct Answer D. Increased flexibility due to reduced lead times
Correct Answer
D
Correct Option:
Increased flexibility due to reduced lead times

About This Question

This is Post Utme Covenant University 2017 Commerce Question 2. It is one of the objective questions from the 2017 Post Utme Covenant University Commerce examination.

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