Question: Please do fast The Coefficient of Variation is an important parameter in ascertaining demand stability and determining the inventory policy in the retail and distribution
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The Coefficient of Variation is an important parameter in ascertaining demand stability and determining the inventory policy in the retail and distribution industry. The Coefficient of Variation: O Is another term for the standard deviation of a demand pattern O Compares the degree of variation from one data series of demand to another O Is derived by adding the standard deviations of multiple demand distributions Normalizes the demand variation to a standard of 1.0
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