Post Utme Wellspring University 2017 Commerce Question 1

Practice objective / multiple choice question 1 from the 2017 Post Utme Wellspring University Commerce examination.

Post Utme Wellspring University 2017 Commerce Objective / Multiple Choice
Question 1 POST_UTME_WELLSPRING_UNIVERSITY • 2017 • COMMERCE • objective

In a just-in-time inventory system, what is the primary goal of the reorder point?

Answer Options

Correct Answer A. To minimize inventory costs
B. To maximize stock levels
C. To ensure timely delivery of goods
D. To reduce lead times
Correct Answer
A
Correct Option:
To minimize inventory costs

About This Question

This is Post Utme Wellspring University 2017 Commerce Question 1. It is one of the objective questions from the 2017 Post Utme Wellspring University Commerce examination.

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