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Support System For Corporate Business Strategy Based On Analysis Of Commodity Price

Posted on:2011-07-05Degree:MasterType:Thesis
Country:ChinaCandidate:J X GuoFull Text:PDF
GTID:2189360308954835Subject:Software engineering services to science
Abstract/Summary:PDF Full Text Request
Withthedeepeningofglobalintegrationandeconomymarketization,theriskofthe price change, which triggered by frequent fluctuations of the world's majorcommodities price, has been an important factor that affects production and operationof domestic enterprises, meanwhile, the management and spread price risks will playan important role on steady operation enterprises, which are also recognized bycorporateadministrators.Futures is a hedging financial derivatives, and it also plays an important role onenterprises' risk management of financial derivatives in the global range. However, indomestic, the entity is still a lack of operating platforms to deal with price volatility.Based on actual situation of enterprises, this thesis aims at helping enterprises to findthe risk position of price in production, sales and inventorymanagement, and makingexcellent decisions on hedging, arbitrage and pricing risk control and financialportfolio services with the analysis of price trend and the prospective predication oftradespinodal.This workmayhelpenterprises todynamicallyadjust itsproductionandoperationplans bymeans of scientific analysis of the price correlation between futures and spotaswellasthefunctioninpricediscoveryoffuturesandavoidingthespotpricerisk.Inthis waythe program on purchase sales and stock which based on a controlled risk ofprice change can be created, this is the effective application which based on theanalysis on price correlation between futures and spot. To build the hardware of thesystem, the network security via zone of separation is improved, and systemscalability is provided through hardware grading. To build the application layer, thisthesis accomplish data model deployment component using the main idea of businessintelligence, and achieve SOA framework by web service, which provide thepossibilityforcorporationintegration.This thesis leads the dynamic price variables into enterprise decision. Relying onthe necessary technical means and powerful database system, and the immediatechanges in spot prices and futures price as well as changes in supplyand demand andusing service on line of B/S structure, it can find solution for futures of enterprises and adjust the operational strategy dynamically, such an decision support system(DSS) which cooperates to the management data of enterprises innovatively, ensurestheeffectofhedgeandhelpsstableoperationforenterpriseseffectively.
Keywords/Search Tags:Commodity, Corporate Business, Decision Support System, DatabaseSystem
PDF Full Text Request
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