DocumentCode
2905714
Title
Dynamic Optimization of Commercial Bank Major Channels
Author
Zhang, Qun ; Dong, Zhonghui ; Zhu, Zhian
Author_Institution
Xi´´an Technol. Univ., Xi´´an, China
fYear
2011
fDate
17-18 Oct. 2011
Firstpage
627
Lastpage
630
Abstract
In this paper, we made a dynamic optimization for the number of major channels´ counters in commercial bank outlets. Our study depends on queuing theory and use observation data of three bank outlets. To do this, the authors analyzed observation data then found that open reasonable numbers of window in terms of time interval could effectively cut down costs and customer´s waiting time.
Keywords
banking; dynamic programming; queueing theory; bank outlet; commercial bank major channel; cost cutting; customer waiting time; dynamic optimization; major channel counter; queuing theory; time interval; Business; Exponential distribution; Mathematical model; Maximum likelihood estimation; Optimization; Queueing analysis; Radiation detectors; Commercial Bank; M/M/c; dynamic optimization;
fLanguage
English
Publisher
ieee
Conference_Titel
Business Intelligence and Financial Engineering (BIFE), 2011 Fourth International Conference on
Conference_Location
Wuhan
Print_ISBN
978-1-4577-1541-9
Type
conf
DOI
10.1109/BIFE.2011.52
Filename
6121219
Link To Document