Post Utme Elizade University 2023 Commerce Question 6

Practice objective / multiple choice question 6 from the 2023 Post Utme Elizade University Commerce examination.

Post Utme Elizade University 2023 Commerce Objective / Multiple Choice
Question 6 POST_UTME_ELIZADE_UNIVERSITY • 2023 • COMMERCE • objective

A company's production process involves the use of a just-in-time inventory system. The system relies on a continuous flow of materials and information to produce goods. What is the primary advantage of this system?

Answer Options

Correct Answer A. Reduced inventory costs
B. Improved quality control
C. Increased flexibility in production
D. Enhanced customer satisfaction
Correct Answer
A
Correct Option:
Reduced inventory costs

About This Question

This is Post Utme Elizade University 2023 Commerce Question 6. It is one of the objective questions from the 2023 Post Utme Elizade University Commerce examination.

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