Post Utme Noun 2021 Commerce Question 1

Practice objective / multiple choice question 1 from the 2021 Post Utme Noun Commerce examination.

Post Utme Noun 2021 Commerce Objective / Multiple Choice
Question 1 POST_UTME_NOUN • 2021 • COMMERCE • objective

In a just-in-time (JIT) inventory system, what is the primary goal of the reorder point?

Answer Options

A. To minimize inventory costs
B. To maximize inventory turnover
Correct Answer C. To ensure that stockouts are minimized
D. To reduce lead times
Correct Answer
C
Correct Option:
To ensure that stockouts are minimized

About This Question

This is Post Utme Noun 2021 Commerce Question 1. It is one of the objective questions from the 2021 Post Utme Noun Commerce examination.

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