Journal Article A Stochastic Income Model Using Optimal Inventory Rules Get access Daniel Orr Daniel Orr Chicago Search for other works by this author on: Oxford Academic Google Scholar The Review of Economic Studies, Volume 30, Issue 2, June 1963, Pages 84–92, https://doi.org/10.2307/2295805 Published: 01 June 1963

I. Introduction, 413. — II. A model of cash flows and the costs of cash management for business firms, 416; assumptions underlying the model, 417; optimal values of the policy parameters, 420; some properties of the solution, 423; implications for the demand for money by firms, 425; extension to allow for non-zero drift, 427.— III. The applicability of the model, 429. — Appendix, 433.