Post Utme Unilag 2022 Commerce Question 3

Practice objective / multiple choice question 3 from the 2022 Post Utme Unilag Commerce examination.

Post Utme Unilag 2022 Commerce Objective / Multiple Choice
Question 3 POST_UTME_UNILAG • 2022 • COMMERCE • objective

A warehouse manager is responsible for maintaining a high level of inventory turnover while minimizing stockouts. Which of the following inventory control techniques is most likely to achieve this goal?

Answer Options

Correct Answer A. Just-in-time (JIT) inventory system
B. Economic order quantity (EOQ) model
C. Safety stock model
D. Vendor-managed inventory (VMI) system
Correct Answer
A
Correct Option:
Just-in-time (JIT) inventory system

About This Question

This is Post Utme Unilag 2022 Commerce Question 3. It is one of the objective questions from the 2022 Post Utme Unilag Commerce examination.

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