Post Utme Noun 2021 Commerce Question 13
Practice objective / multiple choice question 13 from the 2021 Post Utme Noun Commerce examination.
A firm is considering the use of just-in-time (JIT) inventory management system. The JIT system will reduce inventory costs by ₦200,000 per year, but will also increase the cost of ordering by ₦150,000 per year. What is the net benefit of the JIT system?
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About This Question
This is Post Utme Noun 2021 Commerce Question 13. It is one of the objective questions from the 2021 Post Utme Noun Commerce examination.
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