Case ID: 893003     Solution ID: 36198

L L Bean Inc Case Solution


L.L. Bean must settle on stocking decisions on a large number of things sold through its lists. Much of the time, orders must be put with sellers at least twelve weeks before an inventory arrives on a client's doorstep, and responsibilities can't be changed from that point. Therefore, L.L. Bean endures yearly misfortunes of over $20 million because of stockouts or liquidations of abundance stock. Gives a setting in which purchasing choices that adjust expenses of overloading and understocking when demand is dubious are made and executed on a normal premise.

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