[Support] Improve Caching conformance with Support library behavior

This diff makes several amendments to the local file caching mechanism
which was migrated from ThinLTO to Support in
rGe678c51177102845c93529d457b020f969125373 in response to follow-up
discussion on that commit.

Patch By: noajshu

Differential Revision: https://reviews.llvm.org/D113080