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The company "IMACS" is a shoe distributor for women, a article that sells a lot are the shoes. It is known that weekly demand for the shoes behaves like a normal with mean of 500 and standard deviation of 30. For Control your inventories using a periodic review system.
The cost of each pair of shoes is $ 18 and it costs the company order the product $ 800 and it takes to get the product 5 weeks. The cost of carrying inventories is based on a Annual interest rate of 17% and the sale price is $ 32 per pair of shoes. If the level of service that is required is from 95%, calculate:
Determine the optimal review period (T)
Reorder point and security stock
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Ccompare the effectiveness of different leadership styles in different organizations
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