Post Utme Crawford University 2025 Commerce Question 29

Practice objective / multiple choice question 29 from the 2025 Post Utme Crawford University Commerce examination.

Post Utme Crawford University 2025 Commerce Objective / Multiple Choice
Question 29 POST_UTME_CRAWFORD_UNIVERSITY • 2025 • COMMERCE • objective

A company uses the Just-In-Time (JIT) method of inventory management. If the company receives an order for 500 units of goods and has a lead time of 5 days, what is the total inventory cost using the JIT method?

Answer Options

A. ₦5,000
Correct Answer B. ₦5,500
C. ₦6,000
D. ₦6,500
Correct Answer
B
Correct Option:
₦5,500

About This Question

This is Post Utme Crawford University 2025 Commerce Question 29. It is one of the objective questions from the 2025 Post Utme Crawford University Commerce examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support