Post Utme Lautech 2020 Commerce Question 38

Practice objective / multiple choice question 38 from the 2020 Post Utme Lautech Commerce examination.

Post Utme Lautech 2020 Commerce Objective / Multiple Choice
Question 38 POST_UTME_LAUTECH • 2020 • COMMERCE • objective

A warehouse's inventory management system relies on a first-in, first-out (FIFO) method. What is the primary advantage of this approach?

Answer Options

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

About This Question

This is Post Utme Lautech 2020 Commerce Question 38. It is one of the objective questions from the 2020 Post Utme Lautech Commerce examination.

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