on 13 Which of the following is not a reason to hold inventory? a. Reduce costs due to economies of scale in production. b. Reduce costs in purchasing and transportation. c. Improve customer service. the 10 d. Deal with uncertainties in demand and lead times. e. All of the above are true. What is the most significant contributor to holding cost? a. Storage costs b. Taxes c. Insurance costs d. Cost of loss due to theft or spoilage e. Cost of capital The Newsboy Problem is: a. A system with repetitive order quantities and instantaneous replenishment. b. Suitable for products with long life cycles. c. A system with repetitive order quantities and non-instantaneous replenishment. d. Suitable for products with a short life cycle or one-time order. e. None of the above are true