Post Utme Futa 2019 Commerce Question 33

Practice objective / multiple choice question 33 from the 2019 Post Utme Futa Commerce examination.

Post Utme Futa 2019 Commerce Objective / Multiple Choice
Question 33 POST_UTME_FUTA • 2019 • COMMERCE • objective

A warehouse is using a first-in-first-out (FIFO) inventory system. If the warehouse has 100 units of item A and 50 units of item B, and the items are stored in a single bin, what is the probability that the next item removed from the bin will be item A?

Answer Options

Correct Answer A. 0.5
B. 0.6
C. 0.7
D. 0.8
Correct Answer
A
Correct Option:
0.5

About This Question

This is Post Utme Futa 2019 Commerce Question 33. It is one of the objective questions from the 2019 Post Utme Futa Commerce examination.

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