Post Utme Igbinedion University 2022 Commerce Question 9

Practice objective / multiple choice question 9 from the 2022 Post Utme Igbinedion University Commerce examination.

Post Utme Igbinedion University 2022 Commerce Objective / Multiple Choice
Question 9 POST_UTME_IGBINEDION_UNIVERSITY • 2022 • COMMERCE • objective

A company is considering implementing a just-in-time (JIT) inventory system. What is one of the primary benefits of JIT?

Answer Options

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

About This Question

This is Post Utme Igbinedion University 2022 Commerce Question 9. It is one of the objective questions from the 2022 Post Utme Igbinedion University Commerce examination.

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