Post Utme Madonna University 2019 Commerce Question 33

Practice objective / multiple choice question 33 from the 2019 Post Utme Madonna University Commerce examination.

Post Utme Madonna University 2019 Commerce Objective / Multiple Choice
Question 33 POST_UTME_MADONNA_UNIVERSITY • 2019 • COMMERCE • objective

A company uses a just-in-time (JIT) inventory system to manage its inventory. The company's JIT system is designed to minimize inventory costs by ordering and receiving inventory just in time to meet customer demand. Which of the following is a benefit of using a JIT inventory system?

Answer Options

A. Reduced inventory costs
B. Improved customer service
C. Increased inventory turnover
Correct Answer D. All of the above
Correct Answer
D
Correct Option:
All of the above

About This Question

This is Post Utme Madonna University 2019 Commerce Question 33. It is one of the objective questions from the 2019 Post Utme Madonna University Commerce examination.

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