The Microstructure of Financial Markets
The Microstructure of Financial Markets

Author: Frank de Jong

Publisher: Cambridge University Press

Published: 2009-05-14

Total Pages: 209

ISBN-13: 1139478443

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The analysis of the microstructure of financial markets has been one of the most important areas of research in finance and has allowed scholars and practitioners alike to have a much more sophisticated understanding of the dynamics of price formation in financial markets. Frank de Jong and Barbara Rindi provide an integrated graduate level textbook treatment of the theory and empirics of the subject, starting with a detailed description of the trading systems on stock exchanges and other markets and then turning to economic theory and asset pricing models. Special attention is paid to models explaining transaction costs, with a treatment of the measurement of these costs and the implications for the return on investment. The final chapters review recent developments in the academic literature. End-of-chapter exercises and downloadable data from the book's companion website provide opportunities to revise and apply models developed in the text.

Optimization and Inventory Management
Optimization and Inventory Management

Author: Nita H. Shah

Publisher: Springer Nature

Published: 2019-08-31

Total Pages: 470

ISBN-13: 9811396981

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This book discusses inventory models for determining optimal ordering policies using various optimization techniques, genetic algorithms, and data mining concepts. It also provides sensitivity analyses for the models’ robustness. It presents a collection of mathematical models that deal with real industry scenarios. All mathematical model solutions are provided with the help of various optimization techniques to determine optimal ordering policy. The book offers a range of perspectives on the implementation of optimization techniques, inflation, trade credit financing, fuzzy systems, human error, learning in production, inspection, green supply chains, closed supply chains, reworks, game theory approaches, genetic algorithms, and data mining, as well as research on big data applications for inventory management and control. Starting from deterministic inventory models, the book moves towards advanced inventory models. The content is divided into eight major sections: inventory control and management – inventory models with trade credit financing for imperfect quality items; environmental impact on ordering policies; impact of learning on the supply chain models; EOQ models considering warehousing; optimal ordering policies with data mining and PSO techniques; supply chain models in fuzzy environments; optimal production models for multi-items and multi-retailers; and a marketing model to understand buying behaviour. Given its scope, the book offers a valuable resource for practitioners, instructors, students and researchers alike. It also offers essential insights to help retailers/managers improve business functions and make more accurate and realistic decisions.

Analysis of the Probabilistic Scheduling Period Inventory Model with Price Change Considerations
Analysis of the Probabilistic Scheduling Period Inventory Model with Price Change Considerations

Author: J. R. Purohit

Publisher:

Published: 1997

Total Pages: 3

ISBN-13:

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Many business are facing a common problem in today's uncertain and global competitive market condition is that of maintaining optimal inventory levels. Costs are the center of inventory management decision at operational, tactical, and strategic levels of the organization. Many previous studies on inventory costs as fixed values. Today's businesses conditions, however, have a pressing needs of dealing with the situation of price change or inflation. In this paper the probabilistic scheduling period inventory model has been analyzed with the inclusion of the issue of this rapid price. The study employs a cost minimization approach to determine the optimal value of scheduling period for this inventory system. [Authors' abstract].