Concept – Statistical Model

MyOMLab Operations Management

Heizer, Render and Munson

13th Edition

5
(1)
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A stats model used when product demand or another variable is unknown but can be specified using of a probability distribution

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  • Search Terms: a any applicable as a. be but by can demand discount distribution eoq. d. is known means model model. model. b. model. c. not of or other probabilistic probability product quantity referred robust specified statistical the variable when
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