Identify ALL True statements $($choose ALL that apply$)$

Holding cost includes obsolescence and costs related to storage and interest payments.

At the economic order quantity, annual carrying cost is always equal to annual ordering cost.

Ordering cost includes obsolescence and costs related to storage and interest payments.

Typical components of holding costs include processing cost of supplies, clerical support, and so forth.

Insurance and taxes on inventory are part of the costs known as holding costs.

Typical components of ordering costs include processing cost of supplies, clerical support, and so forth.