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Solving Lock Box Location Problems
Robert M. Nauss and Robert E. Markland
Vol. 8, No. 1 (Spring, 1979), pp. 21-31
Stable URL: http://www.jstor.org/stable/3665407
Page Count: 11
You can always find the topics here!Topics: Checks, Customers, ZIP codes, Banks, Marginal costs, Optimal solutions, Cash, Opportunity costs, Management science, Fixed charges
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Efficient cash management is of concern to most financial managers. This paper describes the development and application of an efficient algorithm for solving lock box location problems. It discusses practical data collection, modeling, and implementing a lock box location solution. It presents and discusses test results from application of the model.
Financial Management © 1979 Financial Management Association International