Post Utme Skyline University 2022 Commerce Question 11

Practice objective / multiple choice question 11 from the 2022 Post Utme Skyline University Commerce examination.

Post Utme Skyline University 2022 Commerce Objective / Multiple Choice
Question 11 POST_UTME_SKYLINE_UNIVERSITY • 2022 • COMMERCE • objective

In a just-in-time inventory system, what is the primary goal of the reorder point?

Answer Options

A. To minimize inventory costs
B. To maximize inventory turnover
Correct Answer C. To ensure that stockouts are minimized
D. To optimize the use of warehouse space
Correct Answer
C
Correct Option:
To ensure that stockouts are minimized

About This Question

This is Post Utme Skyline University 2022 Commerce Question 11. It is one of the objective questions from the 2022 Post Utme Skyline University Commerce examination.

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