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How does system decide on the starting sequence for the item lot number and how is it incremented?

Summary:

How does system decide on the starting sequence for the item lot number and how is it incremented? For example, if the starting Lot number should be 1 or 100 or 1000, etc. How is it decided in case of lot generation at Inventory organization level with no uniqueness?

Content (required):

NA

Version (include the version you are using, if applicable):

Any

Code Snippet (add any code snippets that support your topic, if applicable):

NA

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