Post Utme Ui 2024 Commerce Question 18

Practice objective / multiple choice question 18 from the 2024 Post Utme Ui Commerce examination.

Post Utme Ui 2024 Commerce Objective / Multiple Choice
Question 18 POST_UTME_UI • 2024 • COMMERCE • objective

A firm's supply chain management involves the following activities: procurement, production, inventory management, and distribution. Which of the following is a key objective of inventory management?

Answer Options

A. To minimize inventory costs
Correct Answer B. To maximize inventory turnover
C. To reduce lead times
D. To improve product quality
Correct Answer
B
Correct Option:
To maximize inventory turnover

About This Question

This is Post Utme Ui 2024 Commerce Question 18. It is one of the objective questions from the 2024 Post Utme Ui Commerce examination.

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