Post Utme Igbinedion University 2018 Commerce Question 8

Practice objective / multiple choice question 8 from the 2018 Post Utme Igbinedion University Commerce examination.

Post Utme Igbinedion University 2018 Commerce Objective / Multiple Choice

Question 8 POST_UTME_IGBINEDION_UNIVERSITY • 2018 • COMMERCE • objective

A firm is considering the use of just-in-time (JIT) inventory management system. Which of the following is a key benefit of JIT?

Answer Options

Correct Answer A. Reduced inventory costs

B. Improved product quality

C. Increased flexibility in production scheduling

D. Enhanced customer service

Correct Answer

Correct Option:

Reduced inventory costs

About This Question

This is Post Utme Igbinedion University 2018 Commerce Question 8. It is one of the objective questions from the 2018 Post Utme Igbinedion University Commerce examination.

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