Post Utme Greenfield University 2024 Commerce Question 19

Practice objective / multiple choice question 19 from the 2024 Post Utme Greenfield University Commerce examination.

Post Utme Greenfield University 2024 Commerce Objective / Multiple Choice
Question 19 POST_UTME_GREENFIELD_UNIVERSITY • 2024 • COMMERCE • objective

In a just-in-time (JIT) inventory system, what is the primary goal of the reorder point?

Answer Options

A. To minimize inventory costs
B. To maximize inventory turnover
C. To reduce lead time
Correct Answer D. To minimize stockouts
Correct Answer
D
Correct Option:
To minimize stockouts

About This Question

This is Post Utme Greenfield University 2024 Commerce Question 19. It is one of the objective questions from the 2024 Post Utme Greenfield University Commerce examination.

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