Home  Journals  Finance and Credit  29(557) - 2013 August

Conception and toolkit of optimization of inventories and cash assets: defects and corrections

Available online: 11 August 2013

Subject Heading: Issues of economy

JEL Classification: 

Optimization models of inventory and cash design to maintain average balances, and the optimization substitute average balances on annual needs, which inevitably leads to excess costs of maintaining inventory and cash on optimal levels. In this article mathematically incorrect existing models are proved and a number of modifiers that improve the optimization procedure and management of inventory and cash are offered.

Keywords: current assets, modified model of economic order quantity, model of optimal safety stock quantity, modified model of Baumol, modified model of Miller-Orr

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ISSN 2311-8709 (Online)
ISSN 2071-4688 (Print)

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