A probabilistic approach to the stochastic fluid cash management balance problem

Yonit Barron ()
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Yonit Barron: Ariel University

Annals of Operations Research, 2022, vol. 312, issue 2, No 2, 607-645

Abstract: Abstract We consider a stochastic cash balance problem in which cash receipts and cash disbursements change linearly and form a fluid process. The firm has to decide how much cash to hold in order to meet its obligations. The cash balance is monitored continuously and a four thresholds (0, S, M, m) policy is used to control the cash ( $$0

Keywords: Stochastic processes; Cash management; Thresholds; Applied probability; Finance (search for similar items in EconPapers)
Date: 2022
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DOI: 10.1007/s10479-021-04500-7

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