“…This translation of runoff to inflow is performed by expressing the reservoir inflow as a convolution between runoff, r i , and the catchment instantaneous unit hydrograph (IUH), ψ i , so that q i = r i *ψ i . Because the corresponding power spectral form can be expressed as S q,i = S r,i S ψ,i , we can represent the variance in the storage for constant demand D (scenario 1, section 2.1) where S ψ is the square of the modulus of the Fourier transform of the IUH, which is referred to as a “scaling function” for the watershed [ Riml and Wörman , ; Åkesson et al ., ], and i = 1, 2, … N . Furthermore, the relative RVD under constant demand D is obtained by combining equations , , and where the second factor (the fraction) on the right‐hand side of equation is the standardized relative RVD, i.e., R S−RVD .…”