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A Two Stage Solution Procedure for the Lock Box Location Problem

Bruce D. Fielitz and Daniel L. White
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Bruce D. Fielitz: Georgia State University
Daniel L. White: Georgia State University

Management Science, 1981, vol. 27, issue 8, 881-886

Abstract: New lock box solution techniques have recently been suggested by Stone and Nauss-Markland. This paper briefly discusses these new methodologies and shows how the algorithms can be combined into a third solution procedure which exploits the computational efficiency of the Stone heuristic and retains the optimizing property of the Nauss-Markland algorithm.

Keywords: finance; programming: integer algorithms; heuristics (search for similar items in EconPapers)
Date: 1981
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