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Unformatted text preview: Normal Distribution 68% = 1 stdev; 95.44% = 2 stdev; 99.7% = 3 stdev ) ( LT X R X = 2 2 2 ) ( ) )( ( LT R LT R X σ + = X = mean demand during lead time = st dev of demand during lead time LT X = mean lead time length LT = st dev of lead time length R = mean daily demand R = st dev of daily demand Square Root Law ) )( ( 1 2 1 2 n n X X =...
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This note was uploaded on 04/02/2008 for the course LSCM 360 taught by Professor Martins during the Spring '08 term at Iowa State.
- Spring '08