Post Utme Covenant University 2024 Commerce Question 36

Practice objective / multiple choice question 36 from the 2024 Post Utme Covenant University Commerce examination.

Post Utme Covenant University 2024 Commerce Objective / Multiple Choice

Question 36 POST_UTME_COVENANT_UNIVERSITY • 2024 • COMMERCE • objective

A company's warehouse is experiencing a high rate of stock loss due to inadequate storage facilities. Which of the following warehousing techniques would be most effective in reducing stock loss?

Answer Options

A. First-In-First-Out (FIFO)

B. Last-In-First-Out (LIFO)

Correct Answer C. Just-In-Time (JIT)

D. Economic Order Quantity (EOQ)

Correct Answer

Correct Option:

Just-In-Time (JIT)

About This Question

This is Post Utme Covenant University 2024 Commerce Question 36. It is one of the objective questions from the 2024 Post Utme Covenant University Commerce examination.

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