Post Utme Madonna University 2019 Commerce Question 4

Practice objective / multiple choice question 4 from the 2019 Post Utme Madonna University Commerce examination.

Post Utme Madonna University 2019 Commerce Objective / Multiple Choice
Question 4 POST_UTME_MADONNA_UNIVERSITY • 2019 • COMMERCE • objective

A company is considering the use of just-in-time (JIT) inventory management. Which of the following is a key benefit of JIT?

Answer Options

A. Reduced inventory costs
B. Improved product quality
C. Increased flexibility in production
Correct Answer D. Reduced lead times
Correct Answer
D
Correct Option:
Reduced lead times

About This Question

This is Post Utme Madonna University 2019 Commerce Question 4. It is one of the objective questions from the 2019 Post Utme Madonna University Commerce examination.

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