search query: @author Ziemba, W. T. / total: 14
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| Author: | Carino, D. R. Ziemba, W. T. |
| Title: | Formulation of the Russell-Yasuda Kasai financial planning model |
| Journal: | Operations Research
1998 : JUL-AUG, VOL. 46:4, p. 433-449 |
| Index terms: | FINANCIAL PLANNING FINANCIAL MODELS |
| Language: | eng |
| Abstract: | This study describes the formulation of the Russell-Yasuda Kasai financial planning model, including the motivation for the model. The study complements the discussion of the technical details of the financial modeling process and the managerial impact of its use to help allocate the company's assets over time. The multistage stochastic linear program incorporates Yasuda Kasai's asset and liability mix over a five-year horizon followed by an infinite horizon steady-state end-effects period. The objective is to maximize expected long-run profits less expected penalty costs from constraint violations over theinfinite horizon. |
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