摘要
研究企业利用期货市场既对购买原料保值,又对销售产品保值的二重套期保值策略。把同时对原料、产品保值的问题转化为对生产利润的套期保值,建立二重期货套期保值模型,利用矩阵加号逆等代数方法求解模型,以模型最优解确定套期保值的套期比和相应的风险,使企业能够应用二重套期保值策略规避生产风险、稳定企业利润。
The duple hedge strategy is studied,which is used by enterprises in purchasing raw materials and selling products through the futures market.The hedge for purchasing raw materials and selling products may be changed to the hedge for the production profits,and a futures duple hedge model is set up.The model is solved by the way of matrix plus in adverse algebra,and the hedge ratio and its risk may be determined by the optimum solution of the model,which may make enterprises avoid production risk and keep production profits steady.
出处
《广西工学院学报》
CAS
2004年第3期68-71,共4页
Journal of Guangxi University of Technology
基金
广西教育厅高校科研项目(600017)
