Part L. 1. Which of the following is not a reason for storage? a. Transportation and production costs can be reduced. b. There is better coordination of supply and demand. c. Storage can be an integral part of the production process. d. Storage will decrease sales. e. All of the above are true. 2. The "break bulk" function of a warehouse refers to disassembling (or transloadin volume cargo shipments into smaller shipments. a. True b. False 3. Which of the following is true regarding manufacturing organizations' a. A firm that experiences highly seasonal demand yet produces at a constant p inventory to absorb the swings in demand. use of inventory b. A firm may experience constant demand yet have seasonal production. d. Warehousing and materials handling can contribute significantly to distribution o c. Consolidation of items stored will typically yield more favorable transportation e. All of the above are true. 4. Which of the below is an advantage to a firm owning its own storage space and ma handling equipment relative to renting or leasing? a. Capital investment is lower but warehouse operating costs are higher. b. There is less control over the space in the warehouse. c. There is more flexibility regarding space usage in the warehouse. d. Highly-specialized equipment is more difficult to employ. e. All of the above are true. Which of 10