In this paper, a multi-period replacement model, based on a mixed integer nonlinear programming formulation, is developed for flexible automation investments. The model takes into account the costs, benefits and effective utilization of several types of flexibility. The decision variables pertain to the selection and optimal implementation sequence for new, CNC modules, the replacement schedule...

Cash management is concerned with optimizing costs of short-term cash policies of a company. Different optimization models have been proposed in the literature whose focus has been only placed on a single objective, namely, on minimizing costs. However, cash managers may also be interested in risk associated to cash policies. In this paper, we propose a multi-objective cash management model bas...

Electronic cash (e-cash) refers to money exchanged electronically. The main features of traditional cash are usually considered desirable also in the context of e-cash. One such property is off-line transferability, meaning the recipient of a coin in a transaction can transfer it in a later payment transaction to a third person without contacting a central authority. Among security properties, ...

Cash management is concerned with optimizing costs of short-term cash policies of a company. Different optimization models have been proposed in the literature whose focus has been only placed on a single objective, namely, on minimizing costs. However, cash managers may also be interested in risk associated to cash policies. In this paper, we propose a multi-objective cash management model bas...

journal of accounting advances (j.a.a) vol. 5, no. 1, 2013, ser. 64/3     extended abstract   monitoring role of auditing and corporate dividend payout policies   dr. v. khodadadi              s. hajizadeh               r. ghorbani shahid chamran university of ahvaz   introduction the aim of this paper is to investigate the relation between monitoring role of independent auditing and corporate ...