Post Utme Joseph Ayo Babalola University 2019 Commerce Question 15

Practice objective / multiple choice question 15 from the 2019 Post Utme Joseph Ayo Babalola University Commerce examination.

Post Utme Joseph Ayo Babalola University 2019 Commerce Objective / Multiple Choice
Question 15 POST_UTME_JOSEPH_AYO_BABALOLA_UNIVERSITY • 2019 • COMMERCE • objective

A warehouse manager wants to determine the optimal storage capacity for a new warehouse. Which of the following formulas can be used to calculate the optimal storage capacity?

Answer Options

A. Optimal storage capacity = (Beginning inventory + Purchases) / 2
B. Optimal storage capacity = Beginning inventory + Purchases
Correct Answer C. Optimal storage capacity = (Beginning inventory + Purchases) / 3
D. Optimal storage capacity = Beginning inventory - Purchases
Correct Answer
C
Correct Option:
Optimal storage capacity = (Beginning inventory + Purchases) / 3

About This Question

This is Post Utme Joseph Ayo Babalola University 2019 Commerce Question 15. It is one of the objective questions from the 2019 Post Utme Joseph Ayo Babalola University Commerce examination.

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