Post Utme Unilorin 2021 Commerce Question 37

Practice objective / multiple choice question 37 from the 2021 Post Utme Unilorin Commerce examination.

Post Utme Unilorin 2021 Commerce Objective / Multiple Choice
Question 37 POST_UTME_UNILORIN • 2021 • COMMERCE • objective

A company uses a just-in-time inventory system to manage its stock levels. What is the primary advantage of this system?

Answer Options

A. Reduced inventory costs and improved cash flow
B. Increased inventory levels and reduced stockouts
Correct Answer C. Improved supply chain efficiency and reduced lead times
D. Enhanced customer service and increased sales
Correct Answer
C
Correct Option:
Improved supply chain efficiency and reduced lead times

About This Question

This is Post Utme Unilorin 2021 Commerce Question 37. It is one of the objective questions from the 2021 Post Utme Unilorin Commerce examination.

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