Post Utme Eksu 2023 Commerce Question 10

Practice objective / multiple choice question 10 from the 2023 Post Utme Eksu Commerce examination.

Post Utme Eksu 2023 Commerce Objective / Multiple Choice
Question 10 POST_UTME_EKSU • 2023 • COMMERCE • objective

A production process uses the Just-In-Time (JIT) method to manage inventory levels. What is the primary advantage of using JIT?

Answer Options

A. It minimizes stock holding costs
B. It maximizes stock turnover
Correct Answer C. It ensures that production is aligned with customer demand
D. It reduces production lead times
Correct Answer
C
Correct Option:
It ensures that production is aligned with customer demand

About This Question

This is Post Utme Eksu 2023 Commerce Question 10. It is one of the objective questions from the 2023 Post Utme Eksu Commerce examination.

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