Post Utme Wellspring University 2018 Commerce Question 7

Practice objective / multiple choice question 7 from the 2018 Post Utme Wellspring University Commerce examination.

Post Utme Wellspring University 2018 Commerce Objective / Multiple Choice

Question 7 POST_UTME_WELLSPRING_UNIVERSITY • 2018 • COMMERCE • objective

The concept of 'Just-in-Time' inventory management involves

Answer Options

A. Maintaining a large inventory buffer

Correct Answer B. Reducing inventory levels to minimize holding costs

C. Increasing production capacity to meet demand

D. Implementing a push-based supply chain strategy

Correct Answer

Correct Option:

Reducing inventory levels to minimize holding costs

About This Question

This is Post Utme Wellspring University 2018 Commerce Question 7. It is one of the objective questions from the 2018 Post Utme Wellspring University Commerce examination.

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