Post Utme Lead City University 2017 Commerce Question 37

Practice objective / multiple choice question 37 from the 2017 Post Utme Lead City University Commerce examination.

Post Utme Lead City University 2017 Commerce Objective / Multiple Choice
Question 37 POST_UTME_LEAD_CITY_UNIVERSITY • 2017 • COMMERCE • objective

A firm uses the Just-In-Time (JIT) inventory system to manage its inventory. What is the primary advantage of this system?

Answer Options

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

About This Question

This is Post Utme Lead City University 2017 Commerce Question 37. It is one of the objective questions from the 2017 Post Utme Lead City University Commerce examination.

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