Post Utme Joseph Ayo Babalola University 2020 Commerce Question 27

Practice objective / multiple choice question 27 from the 2020 Post Utme Joseph Ayo Babalola University Commerce examination.

Post Utme Joseph Ayo Babalola University 2020 Commerce Objective / Multiple Choice
Question 27 POST_UTME_JOSEPH_AYO_BABALOLA_UNIVERSITY • 2020 • COMMERCE • objective

A company is considering implementing a just-in-time (JIT) inventory system to reduce inventory costs. Which of the following is a key benefit of JIT inventory systems?

Answer Options

A. Reduced inventory costs
B. Improved product quality
C. Increased customer satisfaction
Correct Answer D. Reduced lead times
Correct Answer
D
Correct Option:
Reduced lead times

About This Question

This is Post Utme Joseph Ayo Babalola University 2020 Commerce Question 27. It is one of the objective questions from the 2020 Post Utme Joseph Ayo Babalola University Commerce examination.

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