Tag Archives: Weibull distribution

This post continues the series about lead-time distribution and deals with risks involved in matching real-world lead-time data sets to known distributions and estimating the distribution parameters. One of the key ideas of Nassim Nicholas Taleb’s book Antifragile is the … Continue reading →

A bit more than one year ago, I wrote a short, but fairly technical post on how to do this without complicated statistical tools, only using something found in many modern offices: spreadsheet software such as Excel. Here is the … Continue reading →