Post Utme Mountain Top University 2023 Commerce Question 23

Practice objective / multiple choice question 23 from the 2023 Post Utme Mountain Top University Commerce examination.

Post Utme Mountain Top University 2023 Commerce Objective / Multiple Choice
Question 23 POST_UTME_MOUNTAIN_TOP_UNIVERSITY • 2023 • COMMERCE • objective

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

Answer Options

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

About This Question

This is Post Utme Mountain Top University 2023 Commerce Question 23. It is one of the objective questions from the 2023 Post Utme Mountain Top University Commerce examination.

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