Please answer all questions, I'll rate

Choose the correct answer. 1.- Which of the following statements is most accurate about inventory management? a) Inventories and production must be managed together b) Inventory is not important at the production planning level c) Inventories are usually insignificant on the balance sheet d) Inventory does not cost much to carry 2.- What is the name of materials used in the production process that do not become part of the product? a) Raw materials b) Work in process c) Finished good d) Maintenance, repair and operating supplies 3.- What is the name given to inventories of items that are purchased or manufactured in quantities greater than needed immediately? a) Fluctuation inventory b) Lot size inventory c) Transportation inventory d) Scheduled receipts 4.- Which of the following company objectives are in conflict? a) Maximum customer service and low-cost plant operation b) Low-cost plant operation and cash flow c) Maximum inventory investment and customer service d) Cash flow and profitability 5.- Which of the following costs will increase if order quantity is increased? a) Annual cost of carrying inventory b) Cost ordering c) Cost of manufacturing operations d) Cost of customer service 6.- Which of the following are cost of carrying inventory? a) Capital costs and production control costs b) Capital costs and storage costs c) Production control costs and purchase costs d) Storage costs and purchasing costs 7.- Which of the following are considered ordering costs? a) Production control costs b) Capital costs c) Risk costs d) Obsolescence costs 8.- Which of the following costs are relevant to inventory management decisions? a) Run costs b) Storage costs c) Marketing costs d) New product development costs 9.- Which of the following would not be impacted by a change in inventory value? a) Balance sheet b) Cash flow statement c) On-hand inventory balances d) Income statement 10.- Enough inventory must exist to prevent stocking out of an item in inventory management. Which of the following is the reason stockouts are expensive? a) Lost customers b) Back order costs c) Lost sales d) All of the reasons are correct