Post Utme Igbinedion University 2023 Commerce Question 31

Practice objective / multiple choice question 31 from the 2023 Post Utme Igbinedion University Commerce examination.

Post Utme Igbinedion University 2023 Commerce Objective / Multiple Choice
Question 31 POST_UTME_IGBINEDION_UNIVERSITY • 2023 • COMMERCE • objective

A company's warehousing and stock control system is designed to minimize inventory costs. Which of the following inventory control methods is most likely to be used?

Answer Options

Correct Answer A. Just-In-Time (JIT) inventory control
B. Economic Order Quantity (EOQ) inventory control
C. FIFO (First-In-First-Out) inventory control
D. LIFO (Last-In-First-Out) inventory control
Correct Answer
A
Correct Option:
Just-In-Time (JIT) inventory control

About This Question

This is Post Utme Igbinedion University 2023 Commerce Question 31. It is one of the objective questions from the 2023 Post Utme Igbinedion University Commerce examination.

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