Post Utme Greenfield University 2021 Commerce Question 13

Practice objective / multiple choice question 13 from the 2021 Post Utme Greenfield University Commerce examination.

Post Utme Greenfield University 2021 Commerce Objective / Multiple Choice
Question 13 POST_UTME_GREENFIELD_UNIVERSITY • 2021 • COMMERCE • objective

A firm is considering the use of just-in-time (JIT) inventory management system. Which of the following benefits would be most likely to be associated with the use of JIT?

Answer Options

A. Reduced inventory costs
B. Improved product quality
C. Increased flexibility
Correct Answer D. Reduced lead times
Correct Answer
D
Correct Option:
Reduced lead times

About This Question

This is Post Utme Greenfield University 2021 Commerce Question 13. It is one of the objective questions from the 2021 Post Utme Greenfield University Commerce examination.

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