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Cash Management: Evolutionary Models vs. Miller-Orr by Fagner F Souza is a document available to read on EtoBox.

This study compares the effectiveness of genetic algorithms (GA) and particle swarm optimization (PSO) in managing cash balances against the traditional Miller-Orr model. The research demonstrates that evolutionary algorithms, particularly PSO, yield superior results in minimizing cash maintenance costs. The findings emphasize the importance of using advanced computational models for optimizing cash management policies in organizations.

Author

Fagner F Souza

Language

EN