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L.L. Bean, Inc.: Item Forecasting and Inventory Management

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L.L. Bean must make stocking decisions on thousands of items sold through its catalogs. In many cases, orders must be placed with vendors twelve or more weeks before a catalog lands on a customer's doorstep, and commitments cannot be changed thereafter. As a result, L.L. Bean suffers annual losses of over $20 million due to stockouts or liquidations of excess inventory. Provides a context in which buying decisions that balance costs of overstocking and understocking when demand is uncertain are made and implemented on a routine basis.

【書誌情報】

ページ数:5ページ

サイズ:A4

商品番号:HBSP-893003

発行日:1992/10/27

登録日:2010/11/29

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