Case ID: 893003
Solution ID: 36198

L L Bean Inc Case Solution

Case Solution

L.L. Bean must make stocking choices on 1000's of products offered through its catalogs. Oftentimes, orders should be placed with suppliers twelve or even more days before a catalog arrives at a customer's doorstep, and obligations can't be transformed after that. Consequently, L.L. Bean suffers annual deficits well over $20 million because of stock outs or liquidations of over stock. Supplies a context by which purchasing choices that balance costs of overstocking and under stocking when demand is uncertain are created and implemented on the routine basis.


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