The ABCs of cash management
โ Scribed by Chris Payne
- Publisher
- John Wiley and Sons
- Year
- 2004
- Tongue
- English
- Weight
- 126 KB
- Volume
- 16
- Category
- Article
- ISSN
- 1044-8136
No coin nor oath required. For personal study only.
โฆ Synopsis
Abstract
The author offers a stepโbyโstep guide of easyโtoโimplement processes that speed up customer paymentsโresulting in greater efficiency and bottomโline results. ยฉ 2004 Wiley Periodicals, Inc.
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Language, is ISO
This paper presents a general model of cash management, viewed as an impulse control problem for a stochastic money ow process. Generalizing classical approaches, we represent this process by a superposition of a Brownian motion and a compound Poisson process, controlled by two-sided target-trigger