Question: Under the lot - for - lot ( L 4 L ) lot sizing technique as used in MRP , we would expect which of

Under the lot-for-lot (L4L) lot sizing technique as used in MRP, we would expect which of the following?
1. A consistent lag of supply behind demand
2. Minimized set-up costs
3. Minimized carrying costs
4. A just in time management philosophy
5. Minimized quality problems

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