This is a blind refereed serial publication published on an annual basis. The objective of the research annual is to present state-of-the-art studies in the application of management science to the solution of significant managerial decision-making problems. It is hoped that the research annual will aid in the dissemination of the actual applications of management science. This series emphasizes the application of a specific management science technique area (that is, networks, multi-criteria decision making, nonlinear programming, or simulation) to applications in both the private and public sectors.

Hardbound. This research annual presents state-of-the-art studies in the integration of mathematical planning and management. As the literature and techniques in financial planning and management become increasingly complex, our monographs aid in the dissemination of research efforts in quantitative financial analysis. Topics include cash management, capital budgeting, financial decisions, portfolio management and performance analysis, and financial planning models.

This is the fourth volume in a series which discusses advances in mathematical programming and financial planning.