Journal article
A computerized cash concentration system
Abstract
The Standard Oil Company of Ohio generates revenues at a large number of geographically dispersed retail outlets. These funds are initially deposited with local banks and are subsequently transferred to the Company's major bank accounts in Cleveland. This paper reports on a computerized system developed to introduce efficiency in this transfer process. The core of this new system is a modified inventory model which is used to issue transfer …
Authors
Anvari M; Mohan N
Journal
Omega, Vol. 8, No. 4, pp. 459–464
Publisher
Elsevier
Publication Date
January 1980
DOI
10.1016/0305-0483(80)90076-6
ISSN
0305-0483