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A computerized cash concentration system
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