Post Utme Lautech 2019 Commerce Question 18

Practice objective / multiple choice question 18 from the 2019 Post Utme Lautech Commerce examination.

Post Utme Lautech 2019 Commerce Objective / Multiple Choice
Question 18 POST_UTME_LAUTECH • 2019 • COMMERCE • objective

A company's warehouse is experiencing stockouts due to inadequate inventory management. Which of the following is a key principle of effective inventory management?

Answer Options

A. Just-in-time inventory system
Correct Answer B. Economic order quantity (EOQ) model
C. ABC analysis
D. Vendor-managed inventory (VMI)
Correct Answer
B
Correct Option:
Economic order quantity (EOQ) model

About This Question

This is Post Utme Lautech 2019 Commerce Question 18. It is one of the objective questions from the 2019 Post Utme Lautech Commerce examination.

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