Post Utme Unn 2020 Commerce Question 23

Practice objective / multiple choice question 23 from the 2020 Post Utme Unn Commerce examination.

Post Utme Unn 2020 Commerce Objective / Multiple Choice
Question 23 POST_UTME_UNN • 2020 • COMMERCE • objective

A company's warehouse is currently storing 10,000 units of a product. The company wants to maintain a safety stock of 20% of the total inventory. If the company wants to minimize its holding costs, what is the optimal reorder point?

Answer Options

A. 8,000 units
B. 10,000 units
Correct Answer C. 12,000 units
D. 14,000 units
Correct Answer
C
Correct Option:
12,000 units

About This Question

This is Post Utme Unn 2020 Commerce Question 23. It is one of the objective questions from the 2020 Post Utme Unn Commerce examination.

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