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Authors: Toshiyuki Moritsu 1 and Norihisa Komoda 2

Affiliations: 1 Systems Development Laboratory, Japan ; 2 Graduate School of Information Science and Technologies, Osaka University, Japan

Keyword(s): Electronic Receivables, Integer Linear Programming, Finance, Due Date Matching, Optimization.

Related Ontology Subjects/Areas/Topics: Applications ; Banking/Finance ; e-Business ; Enterprise Information Systems

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.

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Paper citation in several formats:
Moritsu, T. and Komoda, N. (2008). AN OPTIMIZATION METHOD FOR REDEMPTION AND DUE DATE MATCHING IN ASSIGNMENT OF ELECTRONIC RECEIVABLES BY USING INTEGER LINEAR PROGRAMMING. In Proceedings of the International Conference on e-Business (ICETE 2008) - ICE-B; ISBN 978-989-8111-58-6, SciTePress, pages 349-356. DOI: 10.5220/0001905603490356

@conference{ice-b08,
author={Toshiyuki Moritsu. and Norihisa Komoda.},
title={AN OPTIMIZATION METHOD FOR REDEMPTION AND DUE DATE MATCHING IN ASSIGNMENT OF ELECTRONIC RECEIVABLES BY USING INTEGER LINEAR PROGRAMMING},
booktitle={Proceedings of the International Conference on e-Business (ICETE 2008) - ICE-B},
year={2008},
pages={349-356},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0001905603490356},
isbn={978-989-8111-58-6},
}

TY - CONF

JO - Proceedings of the International Conference on e-Business (ICETE 2008) - ICE-B
TI - AN OPTIMIZATION METHOD FOR REDEMPTION AND DUE DATE MATCHING IN ASSIGNMENT OF ELECTRONIC RECEIVABLES BY USING INTEGER LINEAR PROGRAMMING
SN - 978-989-8111-58-6
AU - Moritsu, T.
AU - Komoda, N.
PY - 2008
SP - 349
EP - 356
DO - 10.5220/0001905603490356
PB - SciTePress