Post Utme Futo 2017 Commerce Question 6

Practice objective / multiple choice question 6 from the 2017 Post Utme Futo Commerce examination.

Post Utme Futo 2017 Commerce Objective / Multiple Choice
Question 6 POST_UTME_FUTO • 2017 • COMMERCE • objective

The concept of 'just in time' inventory system is most closely related to which of the following principles of inventory management?

Answer Options

A. Economic Order Quantity (EOQ)
Correct Answer B. Just in Time (JIT)
C. Materials Requirements Planning (MRP)
D. Vendor Managed Inventory (VMI)
Correct Answer
B
Correct Option:
Just in Time (JIT)

About This Question

This is Post Utme Futo 2017 Commerce Question 6. It is one of the objective questions from the 2017 Post Utme Futo Commerce examination.

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