Post Utme Noun 2022 Commerce Question 36

Practice objective / multiple choice question 36 from the 2022 Post Utme Noun Commerce examination.

Post Utme Noun 2022 Commerce Objective / Multiple Choice
Question 36 POST_UTME_NOUN • 2022 • COMMERCE • objective

A company's warehousing and stock control system is designed to minimize inventory costs. Which of the following inventory control methods is most likely to be used in this system?

Answer Options

Correct Answer A. Just-In-Time (JIT) inventory control
B. Economic Order Quantity (EOQ) inventory control
C. FIFO (First-In-First-Out) inventory control
D. LIFO (Last-In-First-Out) inventory control
Correct Answer
A
Correct Option:
Just-In-Time (JIT) inventory control

About This Question

This is Post Utme Noun 2022 Commerce Question 36. It is one of the objective questions from the 2022 Post Utme Noun Commerce examination.

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