Post Utme Pan Atlantic University 2020 Commerce Question 23

Practice objective / multiple choice question 23 from the 2020 Post Utme Pan Atlantic University Commerce examination.

Post Utme Pan Atlantic University 2020 Commerce Objective / Multiple Choice
Question 23 POST_UTME_PAN-ATLANTIC_UNIVERSITY • 2020 • COMMERCE • objective

A company uses a just-in-time (JIT) inventory system to manage its inventory. Which of the following is a key benefit of a JIT inventory system?

Answer Options

A. Reduced inventory holding costs
Correct Answer B. Improved supply chain efficiency
C. Increased inventory turnover
D. Higher stockout rates
Correct Answer
B
Correct Option:
Improved supply chain efficiency

About This Question

This is Post Utme Pan Atlantic University 2020 Commerce Question 23. It is one of the objective questions from the 2020 Post Utme Pan Atlantic University Commerce examination.

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