TY  - GEN
UR  - https://mpra.ub.uni-muenchen.de/361/
AV  - public
SP  - 259
EP  - 269
TI  - SIMULTANEOUS DETERMINATION OF INVENTORIES AND ACCOUNTS RECEIVABLE
A1  - Ayub, Mehar
ID  - mpra361
N2  - The study presents a model based on 3,375 observations from industrial firms in Pakistan, and the Three-Stage Least Square (3SLS) technique has been applied for the estimation. The results indicate that the Economic Order Quantity (EOQ) of inventories is not a constant magnitude; it is a variable closely associated with 'time trend'. While the ?buffer stock? element can be estimated through the constant term of an equation. Receivables from customers show a negative correlation with liquid assets and the cost of production. Receivables are also shown to act as substitute for closing inventories.
Y1  - 2001///
KW  - 3SLS; Inventory Control; Economic Order Quantity; Buffer Stock
ER  -