Post Utme Osustech 2017 Commerce Question 1

Practice objective / multiple choice question 1 from the 2017 Post Utme Osustech Commerce examination.

Post Utme Osustech 2017 Commerce Objective / Multiple Choice
Question 1 POST_UTME_OSUSTECH • 2017 • COMMERCE • objective

In a just-in-time (JIT) inventory system, what is the primary goal of the vendor-managed inventory (VMI) system?

Answer Options

A. To reduce inventory costs by minimizing stock levels
Correct Answer B. To improve supply chain visibility and responsiveness
C. To increase inventory turnover and reduce stockouts
D. To enhance product customization and variety
Correct Answer
B
Correct Option:
To improve supply chain visibility and responsiveness

About This Question

This is Post Utme Osustech 2017 Commerce Question 1. It is one of the objective questions from the 2017 Post Utme Osustech Commerce examination.

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