Business, 01.12.2021 02:10 anondriap

The Veggie Stop spends $36,800 a week to pay bills and maintains a lower cash balance limit of $15,000. The standard deviation of the disbursements is $5,400. The applicable weekly interest rate is .046 percent and the fixed cost of transferring funds is $55. What is the optimal average cash balance based on the Miller-Orr model

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The Veggie Stop spends $36,800 a week to pay bills and maintains a lower cash balance limit of $15,0...

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