An Optimization Method for Redemption and Due Date Matching in Assignment of Electronic Receivables by Using Integer Linear Programming

• Moritsu Toshiyuki

  Systems Development Laboratory, Hitachi Ltd.

• Komoda Norihisa

  Graduate School of Information Science and Technologies, Osaka University

Bibliographic Information

Other Title

• 整数線形計画を用いた電子債権譲渡における期日変更マッチング最適化方式
• セイスウ センケイ ケイカク オ モチイタ デンシ サイケン ジョウト ニ オケル キジツ ヘンコウ マッチング サイテキカ ホウシキ

Abstract

This paper shows an optimization method for redemption and due date matching which assigns the receivables to the payments date under the pre-defined constraints which related companies specified. Our proposed method determines the pairs of the receivables and the payment with proper new settlement date which closes the fluid assets of companies to their target amounts by extending/shortening the redemption/due date. This paper shows that this matching program is categorized in integer linear programming. By applying this matching mechanism, transferors could utilize credit of issuers and also reduce fluid assets for payments. Effectiveness of our optimization method is shown by executing simulation which emulates the issuing and receiving status of receivables in Japanese companies.

Journal

• IEEJ Transactions on Electronics, Information and Systems

  IEEJ Transactions on Electronics, Information and Systems 128 (4), 569-575, 2008

  The Institute of Electrical Engineers of Japan

Keywords

• electronic receivables
• integer linear programming
• finance
• due date matching
• optimization

Details

• CRID: 1390001204605437824
• NII Article ID: 10021132005
• NII Book ID: AN10065950
• DOI: 10.1541/ieejeiss.128.569
• ISSN: 13488155
• ISSN: 03854221
• NDL BIB ID: 9451344
• Web Site: https://ndlsearch.ndl.go.jp/books/R000000004-I9451344
• Web Site: http://www.jstage.jst.go.jp/article/ieejeiss/128/4/128_4_569/_pdf
• Text Lang: ja
• Data Source:
  • JaLC
  • NDL
  • Crossref
  • CiNii Articles
• Abstract License Flag: Disallowed