An effective procedure for the distribution of magazines

An effective procedure for the distribution of magazines

0.00 Avg rating0 Votes
Article ID: iaor2001586
Country: United Kingdom
Volume: 6
Issue: 3
Start Page Number: 289
End Page Number: 310
Publication Date: May 1999
Journal: International Transactions in Operational Research
Authors: ,
Keywords: inventory
Abstract:

The article provides theoretical and empirical findings on developing an effective procedure for magazine single copy distribution. Considerations of determinants of demand are provided, emphasizing the importance of price and seasonality. A relative adjustment formula for stockout corrections is introduced, applicable in connection with normally distributed demand. The main contribution is a new demand forecasting and supply decision model, taking explicitly into account price and seasonality. The applicability and potential economic benefits are shown by giving results from an extensive empirical test in the Finnish single copy market.

Reviews

Required fields are marked *. Your email address will not be published.