Which of the following are advantages of reducing inventory?

I. Engineering changes can be made sooner

II$.$ Quality can be improved

III. Less space is needed in manufacturing

IV$.$ Lead time will be shorter

A$.$

all the above

B$.$

I, II$,$ and III only

C$.$

I, II$,$ and IV only

D$.$

II$,$ III, and IV only

E$.$

III and IV only