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Tag:
statisticians
Avoiding the Assumption of Normal Distribution in Safety Stock Calculations
Supply Chain & Logistics
May 14, 2024
Everyone who has a need to calculate safety stocks knows the real version of my over simplified formula. Safety Stock = z * √(Stuff) This formula,...
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The Evolution of Data Analytics: A Comprehensive Overview
XYZ
February 21, 2024
Data analytics has changed a lot in recent years. Where we used to manually analyze small datasets, we now have powerful tools to study...
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