1、Slide 1Session 1第五章第五章運營資本最優規劃管理模型運營資本最優規劃管理模型Slide 2Session 2Slide 3Session 3Slide 4Session 4Slide 5Session 5Slide 6Session 6Slide 7Session 7Slide 8Session 8Slide 9Session 9母公司子公司A子公司B孫公司孫公司孫公司孫公司資金管理中心A銀行B銀行C銀行|內部價值鏈內部價值鏈外部價值鏈外部價值鏈Slide 10Session 10Slide 11Session 11Slide 12Session 12Slide 13Sessi

2、on 13Slide 14Session 14Slide 15Session 15bCTCr2Slide 16Session 16*CrTCb2*Slide 17Session 17Slide 18Session 18Slide 19Session 19*CSlide 20Session 20|機會成本持有成本總成本成本授予的信用額度*C最優信用額Slide 21Session 21Slide 22Session 22Slide 23Session 23Slide 24Session 24Slide 25Session 25QDKCQ2Slide 26Session 26Slide 27Ses

3、sion 27QDKCPQQT2d持有存貨的總成本Slide 28Session 28|訂貨成本持有成本持有存貨的總成本持有存貨的需求成本訂貨量*Q最優經濟訂貨量Slide 29Session 29單價2*QI*Q*QDN*1tN*年Slide 30Session 30Slide 31Session 31)d1(d21iUDQDKCPQQT）（總成本idSlide 32Session 32Slide 33Session 33Slide 34Session 34Slide 35Session 35Slide 36Session 36Slide 37Session 37Slide 38Sessio

4、n 38Slide 39Session 39Slide 40Session 40Slide 41Session 41Slide 42Session 42Slide 43Session 43Slide 44Session 44Slide 45Session 45Slide 46Session 46Slide 47Session 47Slide 48Session 48Slide 49Session 49Slide 50Session 50Slide 51Session 51Slide 52Session 52Slide 53Session 53Slide 54Session 54Slide 55

5、Session 55Slide 56Session 56Slide 57Session 57Slide 58Session 58)d1(d21iUDQDKCPQQT）（總成本id例題見P151Slide 59Session 59Slide 60Session 60Slide 61Session 61Slide 62Session 62Slide 63Session 63Slide 64Session 64Slide 65Session 65Slide 66Session 66Slide 67Session 67Slide 68Session 68Slide 69Session 69Slide 70Session 70Slide 71Session 71Slide 72S