第五篇 營運資金篇

*

* (Float Management)

*13.1

*13.2

*13.3

* ()

*ABCABC2007

8006001,0001,200

* ()ABCABC20068001,00013.1 ABC

* ()

* ()ABC

20077348331,033

* () = + - = 633 + 800 - 866 = 567ABC2007433600767

*

* ()ABC()75%ABC30ABC10%20072005020013.2 ABC

7307601,1001,070

* ()ABC13.3 ABC

ABCABC2006805013.4 ABC

*13.4 ABC

13.4 ABCABC200ABC200400ABC166-31448040080

*13.4 (Float Management)(Disbursement Float)(Collection Float)

* (Net Float) () () =

*

*13.1

* ()ABCABCABC

*

*

*13.5

*90270

*13.6 () (Baumol-Allais-Tobin, BAT)

*BAT 13.2 BAT

*BAT ()()()BAT13.3 BAT

*BAT ()

FCNCO (Net Cash Outflows)()R

* NCO/C: FC: C: NCO:

C

*(C*)

*13.1 ABC6001,0002%ABC??

*13.1 (1) ABCCNO600FC1,000R2%ABC

*13.1 ()(2) 774,597

*13.7 (Cash on Delivery, COD)

*13.4

*

21030

30102%

*200,000102%196,000(200,000 x 0.98)20200,000204,000196,000 4000 196,000 = 2.04%37.23%

*13.2 41050?

*13.4

4%5010 41050

4038.02%

*:(Open Account)(Commercial Draft)(Trade Acceptance) (Time Draft) (Bankers Acceptance) (Sight Draft)(Conditional Sales Contract)

*()

*5C(Character)(Capacity)(Capital)()(Collateral)(Conditions)1515

* (Collection Policy)

*

0-3030-6060-90901001$100,000$50,00000$150,000100220,00000020,000100310,00010,00010,000030,000...600170,00030,00010,00010,000120,000600210,00020,0000030,000600320,00010,00010,000040,000$1000,000$360,00080,000$30,000$1,470,000

*60$110,000(80,000+30,000)7.48%

*13.8 (1) (2) (3)

* ()(Shortage)(Carrying Costs)

*(Economic Order Quantity Model, EOQ)(Just-in-Time, JIT, Inventory)

* (Economic Order Quantity Model, EOQ)BATEOQ13.5 EOQ

* ()EOQ(Q*) CCPU (Carrying Cost Per Unit)()

* ()EOQ()13.6 EOQ

*

*13.3 EOQABC1,000ABC100600EOQ? ?

*13.3 ABC(T)1,000(CCPU)100(FC)600ABC

*13.3 ()ABC

ABC

ABC

* (Just-in-Time, JIT, Inventory)JIT

*5C()EOQJIT

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