Post Utme Uniosun 2022 Commerce Question 17

Practice objective / multiple choice question 17 from the 2022 Post Utme Uniosun Commerce examination.

Post Utme Uniosun 2022 Commerce Objective / Multiple Choice
Question 17 POST_UTME_UNIOSUN • 2022 • COMMERCE • objective

A firm is considering expanding its operations to a new market. The market research indicates that the demand for the firm's product is highly seasonal, with peak demand during the holiday season. What type of inventory management strategy would be most appropriate for this firm?

Answer Options

A. Just-in-time inventory system
B. Economic order quantity (EOQ) model
Correct Answer C. Safety stock approach
D. Periodic review system
Correct Answer
C
Correct Option:
Safety stock approach

About This Question

This is Post Utme Uniosun 2022 Commerce Question 17. It is one of the objective questions from the 2022 Post Utme Uniosun Commerce examination.

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