1. What are the four primary reasons for holding inventory. In other words, what are the benefits of holding inventory? (2 points = 0.5*4 points) Reasons Explanation 2. Suppose you are running a caf; how would you classify inventory using ABC model? Give examples of items in each category? (3 points) Class Examples of items in each category A B C 3. What are some examples of ordering and holding costs when running a caf? (2 point2) Cost Examples in a caf Holding cost Ordering cost 4. To be competitive, some cafes began to expand their product offerings. Although contributing to competitiveness, this has added to the complexity of operations, including inventory management. Specifically, in what ways does the expansion of product offerings create problems for inventory management? (1 point)