Post Utme Unn 2022 Commerce Question 32

Practice objective / multiple choice question 32 from the 2022 Post Utme Unn Commerce examination.

Post Utme Unn 2022 Commerce Objective / Multiple Choice
Question 32 POST_UTME_UNN • 2022 • COMMERCE • objective

A company is considering the use of just-in-time inventory management system. What are the benefits of this system?

Answer Options

A. Reduced inventory costs, improved product quality, and increased customer satisfaction
B. Increased inventory costs, reduced product quality, and decreased customer satisfaction
Correct Answer C. Improved inventory turnover, reduced lead times, and increased flexibility
D. Reduced inventory turnover, increased lead times, and decreased flexibility
Correct Answer
C
Correct Option:
Improved inventory turnover, reduced lead times, and increased flexibility

About This Question

This is Post Utme Unn 2022 Commerce Question 32. It is one of the objective questions from the 2022 Post Utme Unn Commerce examination.

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