Make$-$to$-$stock $($MTS$)$ and make$-$to$-$order $($MTO$)$ choices each offer relative advantages and disadvantages. Which of the following statements is true?

MTO typically allows faster customer order response times

MTS typically results in higher production system costs

MTO typically allows for higher flexibility in product design offerings

MTO builds to replenish system inventories, rather than to customer orders