L.L. Bean
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L.L Bean, Inc Case Study Answers1. L.L Bean Inc uses the past information that gives the organization the ideas of the quantity level to be stocked (Lopez). From the previous data, the organization can know the usage patterns of its products. For example, a product like men-shirts was bought in large volume in the past that will give firms enough buffer stock that will enable it to meet the unexpected demands from the customers. Another scenario through which the company used past data is when it traces the changing patterns of the consumption rate of products that will make the management to decide whether it will overstock or under stock based on the conditions 2. The strategic management has to make critical decisions on a particular type of items that may reflect on the quantity of ite...
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