Post Utme Uniport 2023 Commerce Question 27

Practice objective / multiple choice question 27 from the 2023 Post Utme Uniport Commerce examination.

Post Utme Uniport 2023 Commerce Objective / Multiple Choice
Question 27 POST_UTME_UNIPORT • 2023 • COMMERCE • objective

A firm is considering the use of just-in-time (JIT) inventory management system. Which of the following is a major advantage of JIT?

Answer Options

A. Reduced inventory costs
B. Improved product quality
C. Increased flexibility in production
Correct Answer D. Reduced lead times
Correct Answer
D
Correct Option:
Reduced lead times

About This Question

This is Post Utme Uniport 2023 Commerce Question 27. It is one of the objective questions from the 2023 Post Utme Uniport Commerce examination.

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