Inventory control for cash management : Moroccan case study

Dissertant

Zahraoui, Adil

Thesis advisor

Aouam, Tariq
Agnaou, Samir

University

Al Akhawayn University

Faculty

The School of Business Administration

University Country

Morocco

Degree

Master

Degree Date

2007

English Abstract

In Morocco, cash management is quite important.

Generally, the Moroccan firms keep a large amount of cash idle or invest it in very liquid instruments without any analysis of the Moroccan market.

Indeed, an efficient cash management would enhance the performance of the firm.

In this work, we use an inventory model to determine the amount of cash to keep.

We assume that we have an initial amount of money available that we can invest in a diversified portfolio.

We need to determine the amount of cash to keep in stock, i.e.

how much to sell from the investments to replenish stock, and when to sell from the investments.

In order to demonstrate our results, we do a case study for a Moroccan manufacturing firm XYZ.

The firm has initial cash available at the beginning of each period (one year) that it will use to meet the disbursements of the period.

The firm is already following a strategy for managing cash.

The company invests portion of money into very liquid security (Mutual fund Monetary) that yield low return.

We will propose an inventory management model to balance between the cash held in hand and investments, along with a method to develop portfolio with specific criteria based on converting securities as needed as well as one year maturity.

We do our analysis for two years period (2005 and 2006).

At the end of each year, we compare our savings with that of the firm.

The savings is the amount earned from the investments of the whole period.

We assess our strategy based on a comparison between our saving with the actual saving of the firm for the two years period.

Main Subjects

Business Administration

No. of Pages

106

Table of Contents

Table of contents.

Abstract.

[Chapter One] : Introduction.

[Chapter Two] : Literature review.

[Chapter Three] : Methodology.

[Chapter Four] : Selection of financial securities.

[Chapter Five] : Portfolio optimisation.

[Chapter Six] : Cash Management strategies and evaluation.

[Chapter Seven] : Conclusion and recommendations.

References.

American Psychological Association (APA)

Zahraoui, Adil. (2007). Inventory control for cash management : Moroccan case study. (Master's theses Theses and Dissertations Master). Al Akhawayn University, Morocco
https://search.emarefa.net/detail/BIM-629508

Modern Language Association (MLA)

Zahraoui, Adil. Inventory control for cash management : Moroccan case study. (Master's theses Theses and Dissertations Master). Al Akhawayn University. (2007).
https://search.emarefa.net/detail/BIM-629508

American Medical Association (AMA)

Zahraoui, Adil. (2007). Inventory control for cash management : Moroccan case study. (Master's theses Theses and Dissertations Master). Al Akhawayn University, Morocco
https://search.emarefa.net/detail/BIM-629508

Language

English

Data Type

Arab Theses

Record ID

BIM-629508