Post Utme Osustech 2020 Commerce Question 38

Practice objective / multiple choice question 38 from the 2020 Post Utme Osustech Commerce examination.

Post Utme Osustech 2020 Commerce Objective / Multiple Choice
Question 38 POST_UTME_OSUSTECH • 2020 • COMMERCE • objective

A company is considering implementing a just-in-time (JIT) inventory system to reduce inventory costs. However, they are concerned about the potential risks associated with JIT. Using the concept of warehousing and stock control, identify the most appropriate strategy for the company to mitigate these risks.

Answer Options

Correct Answer A. Implement a JIT system with a safety stock of 10% of the total inventory
B. Implement a JIT system with a safety stock of 20% of the total inventory
C. Implement a JIT system with no safety stock
D. Discontinue the JIT plans
Correct Answer
A
Correct Option:
Implement a JIT system with a safety stock of 10% of the total inventory

About This Question

This is Post Utme Osustech 2020 Commerce Question 38. It is one of the objective questions from the 2020 Post Utme Osustech Commerce examination.

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