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چکیده
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In the literature on «operational management», the attention of researchers is most often concentrated on the flows of goods and services without taking into account the influence of the degree of capital availability and, accordingly, the financial situation on a particular operation. It should be noted that indeed, in cases where financial markets are efficient, for example, when external financial resources are abundant and relatively cheap, and companies have sufficient budgets for day-to-day operations, then operational and financial decisions can be made separately. In this series of studies, it is assumed that a company can always finance its operation (activity) at an optimal level or take loans with a fixed interest rate. In such cases, it practically turns out that the subdivision that is located downstream in the supply chain (flow) pays for the inventory ordered from the subdivision higher.
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