Abstract
Credit institutions hold reserves in the form of cash (that is, coins and notes) — in the teller’s cages and/or the safes of the main office and branches. The provision of cash requires that all branches have an adequate stock of the different denominations of notes and coins to meet customer’s needs. However, high stockholding is immensly costly and there is strong pressure to ensure surplus stocks of cash are returned to the central institute for subsequent re-issue.
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© 1980 Springer-Verlag Berlin Heidelberg
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Bartmann, D. (1980). The Optimal Regulation of the Cash-Balances of a Credit Institution. In: Schwarze, J., von Dobschütz, L., Fleischmann, B., Schneeweiß, C., Steckhan, H. (eds) Vorträge der Jahrestagung 1979 / Papers of the Annual Meeting 1979. Proceedings in Operations Research 9, vol 1979. Physica, Heidelberg. https://doi.org/10.1007/978-3-662-00401-2_11
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DOI: https://doi.org/10.1007/978-3-662-00401-2_11
Publisher Name: Physica, Heidelberg
Print ISBN: 978-3-7908-0223-8
Online ISBN: 978-3-662-00401-2
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