Post Utme Veritas University 2017 Commerce Question 22

Practice objective / multiple choice question 22 from the 2017 Post Utme Veritas University Commerce examination.

Post Utme Veritas University 2017 Commerce Objective / Multiple Choice
Question 22 POST_UTME_VERITAS_UNIVERSITY • 2017 • COMMERCE • objective

A company uses a just-in-time inventory system to manage its stock levels. Which of the following is a benefit of this system?

Answer Options

A. Reduced storage costs
B. Improved customer satisfaction
C. Increased efficiency in production
Correct Answer D. Reduced risk of stockouts
Correct Answer
D
Correct Option:
Reduced risk of stockouts

About This Question

This is Post Utme Veritas University 2017 Commerce Question 22. It is one of the objective questions from the 2017 Post Utme Veritas University Commerce examination.

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