Title: "L.L. Bean, Inc." Case Study Report
|Date:||May 28, 2007|
|Length:||4 / 1010|
|No of views:||0|
|Essay rating:||good 0, average 0, bad 0 (total score: 0)|
Rank various items in terms of expected dollar sales
b. Assign actual dollar values according to item ranking on excel spreadsheet
i. This could result in discussions, arguments, and complaints among the group members
c. Evaluate forecast for each book and make adjustments: "check it for reality, does it feel good, does it make sense"
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This is done book-by-book, item-by-item resulting in the item level forecast of each item.
e. If a new item is added a judgment of what the incremental demand might or might not be and those items are adjusted accordingly.
f. The forecast is "frozen" and submitted to the inventory managers...
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