Read the passage below and identify which of the following statements (I, II, and II

• I can be logically inferred. Select the correct combination from the options provided. Passage: Walmart has been rapidly expanding its direct-to-consumer delivery infrastructure, establishing its own fulfillment hubs and last-mile delivery fleet across primary markets. This capital investment has allowed the retail giant to diminish its dependence on regional third-party logistics firms, particularly during high-volume holiday periods. Furthermore, the company’s integration of autonomous sorting technology and machine-learning inventory management tools has led to accelerated order handling and reduced out-of-stock instances. Retail analysts note that Walmart's increased supply chain self-reliance grants it greater pricing authority and operational resilience relative to competitors. Statements:   I. Walmart's investment in its own delivery infrastructure decreases its exposure to third-party shipping bottlenecks. II. Walmart has entirely severed partnerships with regional third-party logistics providers. III. Technological automation in Walmart's fulfillment hubs has boosted operational performance and minimized inventory shortages.