Post Utme Redeemers University 2020 Commerce Question 24

Practice objective / multiple choice question 24 from the 2020 Post Utme Redeemers University Commerce examination.

Post Utme Redeemers University 2020 Commerce Objective / Multiple Choice
Question 24 POST_UTME_REDEEMERS_UNIVERSITY • 2020 • COMMERCE • objective

A company specializes in producing and selling high-quality leather goods. The company's production process involves several stages, including cutting, stitching, and finishing. The company uses a just-in-time (JIT) inventory system to manage its inventory levels. Which of the following is a benefit of the JIT system?

Answer Options

Correct Answer A. Reduced inventory costs
B. Improved product quality
C. Increased production efficiency
D. Enhanced customer satisfaction
Correct Answer
A
Correct Option:
Reduced inventory costs

About This Question

This is Post Utme Redeemers University 2020 Commerce Question 24. It is one of the objective questions from the 2020 Post Utme Redeemers University Commerce examination.

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