Common use of Min-max As-Is Clause in Contracts

Min-max As-Is. In the Min-max As-Is situation the values of the input parameters are obtained from the actual data from NedTrain. The assumptions made during the processing of the data are given in Appendix G. The input parameters for the model are the Id-number of a SKU, the demand rate, the minimum level, the parameters of the gamma distribution for the repair time, a and b, and the turn-around stock. An overview of the input parameters is given in Appendix K, Table K.1.