Post Utme Lasu 2022 Commerce Question 36

Practice objective / multiple choice question 36 from the 2022 Post Utme Lasu Commerce examination.

Post Utme Lasu 2022 Commerce Objective / Multiple Choice
Question 36 POST_UTME_LASU • 2022 • COMMERCE • objective

A company specializes in producing and marketing a single product. The production process involves a series of complex operations, including cutting, shaping, and assembling. The company uses a just-in-time (JIT) inventory system to minimize inventory costs. However, the JIT system requires a high level of coordination between different departments, including production, quality control, and logistics. Which of the following is a potential advantage of the JIT system?

Answer Options

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

About This Question

This is Post Utme Lasu 2022 Commerce Question 36. It is one of the objective questions from the 2022 Post Utme Lasu Commerce examination.

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