Language Processors
In analyzing the compilation of PL/I program, the term "Lexical analysis" is associated with

creation of more optional matrix
use of macro processor to produce more optimal assembly code
recognition of basic elements and creation of uniform symbols
recognition of basic syntactic constructs through reductions

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Language Processors
The function(s) of the Storage Assignment is/are:

All of these
to assign storage to all variables referenced in the source program
to assign storage to literals, and to ensure that the storage is allocated and appropriate locations are initialized
to assign storage to all temporary locations that are necessary for intermediate results

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