Post Utme Ksu 2024 Commerce Question 16

Practice objective / multiple choice question 16 from the 2024 Post Utme Ksu Commerce examination.

Post Utme Ksu 2024 Commerce Objective / Multiple Choice
Question 16 POST_UTME_KSU • 2024 • COMMERCE • objective

A firm specializes in producing a single product, which is a type of electronic device. The production process involves several stages, including design, prototyping, testing, and manufacturing. The firm uses a just-in-time (JIT) inventory system to manage its inventory levels. What is the primary advantage of using a JIT inventory system in this context?

Answer Options

A. Reduced inventory costs
B. Improved product quality
Correct Answer C. Increased production efficiency
D. Enhanced customer satisfaction
Correct Answer
C
Correct Option:
Increased production efficiency

About This Question

This is Post Utme Ksu 2024 Commerce Question 16. It is one of the objective questions from the 2024 Post Utme Ksu Commerce examination.

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