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Well, in my very general, layman's understanding of it - and I know someone will do it better than me -
I understand that there is a computer program that is able to compute factors such as number of pnms, chapter total, number pledged in recent years, etc that comes up with a release formula that is tailored to each sorority. Some sororities must cut more in the early rounds while others cut less. All of it is designed to give the sororities AND the pnms a maximum number of choices for placement.
Someone else?
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