Lot-for-lot sizing costs can be obtained by multiplying the number of orders that are made using lot-for-lot by the cost of an order or set-up.

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This statement is true. Lot-for-lot sizing is a technique used in inventory management where inventory is ordered in the exact quantity needed for a specific time period, resulting in frequent small orders. The cost of lot-for-lot sizing can be calculated by multiplying the number of orders made using this technique by the cost of set-up or placing an order.

Lot-For-Lot Sizing Costs Can Be Obtained by Multiplying the Number