Post Utme Madonna University 2017 Commerce Question 16

Practice objective / multiple choice question 16 from the 2017 Post Utme Madonna University Commerce examination.

Post Utme Madonna University 2017 Commerce Objective / Multiple Choice
Question 16 POST_UTME_MADONNA_UNIVERSITY • 2017 • COMMERCE • objective

The concept of 'Just-in-Time' inventory system is most closely related to which of the following?

Answer Options

A. Economic Order Quantity (EOQ)
Correct Answer B. Just-in-Time (JIT) inventory system
C. Materials Requirements Planning (MRP)
D. Total Quality Management (TQM)
Correct Answer
B
Correct Option:
Just-in-Time (JIT) inventory system

About This Question

This is Post Utme Madonna University 2017 Commerce Question 16. It is one of the objective questions from the 2017 Post Utme Madonna University Commerce examination.

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