Post Utme Nile University 2021 Commerce Question 33

Practice objective / multiple choice question 33 from the 2021 Post Utme Nile University Commerce examination.

Post Utme Nile University 2021 Commerce Objective / Multiple Choice
Question 33 POST_UTME_NILE_UNIVERSITY • 2021 • COMMERCE • objective

A warehouse manager is responsible for ensuring that inventory levels are maintained at an optimal level. Which of the following is a correct method of inventory control?

Answer Options

A. First-in, first-out (FIFO)
B. Last-in, first-out (LIFO)
Correct Answer C. Economic order quantity (EOQ)
D. Just-in-time (JIT)
Correct Answer
C
Correct Option:
Economic order quantity (EOQ)

About This Question

This is Post Utme Nile University 2021 Commerce Question 33. It is one of the objective questions from the 2021 Post Utme Nile University Commerce examination.

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