Title :
Study on enterprise price risk management system
Author :
Rongxia, Wang ; Hailong, Ma ; Fan, Zhang ; Wenqiang, Zhang
Author_Institution :
Dept. of Civil Eng., Tianjin Univ., Tianjin, China
Abstract :
An enterprise price risk management system is designed and studied to manage and control price risk in futures market. The whole structure and function model of the system is introduced. Through correlation analysis of futures and spot price, the system can help enterprise to adjust production business plan, furthermore to make purchase inventory sales plan. This is an effective application of staple commodities futures and spot price based on correlation analysis.
Keywords :
Application software; Civil engineering; Companies; Economic forecasting; Educational technology; Fluctuations; Hardware; Marketing and sales; Risk management; Software systems; function model; futures; management system; price risk; technology realization;
Conference_Titel :
Educational and Network Technology (ICENT), 2010 International Conference on
Conference_Location :
Qinhuangdao, China
Print_ISBN :
978-1-4244-7660-2
Electronic_ISBN :
978-1-4244-7662-6
DOI :
10.1109/ICENT.2010.5532105
