Electronic Resource
Oxford, UK
:
Blackwell Publishing Ltd
Decision sciences
12 (1981), S. 0
ISSN:
1540-5915
Source:
Blackwell Publishing Journal Backfiles 1879-2005
Topics:
Economics
Notes:
A problem common to all companies operating widely dispersed revenue-generating outlets is that of transferring these revenues to central accounts. Company funds held in local banks represent an unusable asset that, in view of the high opportunity cost of money, may substantially increase operating costs. A wide variety of systems can be devised to effect this transfer process. As an example of such systems, this paper examines a transfer procedure that uses depository transfer checks. It is shown that a simple (s, S) policy characterizes the optimal transfer policy.
Type of Medium:
Electronic Resource
URL:
http://dx.doi.org/10.1111/j.1540-5915.1981.tb00067.x
Permalink
|
Location |
Call Number |
Expected |
Availability |