Identify all false statements about just$-$in$-$time processing.

It decreases production costs such as storage and insurance costs.

It is appropriate for managing substantial inventories.

It improves product quality leading to better customer retention.

It reduces defect & waste and value$-$added production time.

It improves cash management.

Group of answer choices

$2$ only

$2,4,5$

$1,3,5$

$3,4,5$

$2$&$4$