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Sat, 09 Nov 2024 15:38:30 GMT狠狠撸Share feed for 狠狠撸shows by User: MobinMithun1Optimizing Bank Queues in Bangladesh: Our Simulation Insights
/slideshow/optimizing-bank-queues-in-bangladesh-our-simulation-insights/273147807
bankthesispresentation-241109153830-2cce4581 Queueing is a common problem for busy banks, causing long waiting times for customers. This study focuses on a
leading bank in Bangladesh that sees high numbers of customers daily. The goal is to simulate the bank's service
system to determine the optimal number of servers during peak hours. Additionally, removing the extra servers to get
the optimum service level as the servers remain idle when there are not many customers in a bank is mainly for the
cost minimization of the banking operations by maintaining its optimum utilization. Here, a discrete event simulation
(DES) approach is utilized to build and analyze the performance of a queueing model over time. Key aspects such as
arrival rates, service times, queue capacity, and customer tolerance are also represented. The simulation runs for an
extended period to mimic real customer traffic and the performance metrics including average waiting time, queue
length, resource utilization, number of busy servers, idle servers, and customer complaints are then quantified. The
validated simulation accurately portrays the existing operation and allows testing changes by adding or removing the
servers resulting in a reduction of 31.8% in queue length and 33.76% in service time, alongside a notable 20.48%
improvement in service utilization. Findings suggest this simulation yields better resource management by speeding
up service that proves effective for evaluating complex queueing systems and informing strategic decisions through
quantitative analysis of alternatives. Overall, the analysis aimed to enhance seamless bank operations, customer
satisfaction, and experience at the busy bank location through data-driven recommendations on queue management. ]]>
Queueing is a common problem for busy banks, causing long waiting times for customers. This study focuses on a
leading bank in Bangladesh that sees high numbers of customers daily. The goal is to simulate the bank's service
system to determine the optimal number of servers during peak hours. Additionally, removing the extra servers to get
the optimum service level as the servers remain idle when there are not many customers in a bank is mainly for the
cost minimization of the banking operations by maintaining its optimum utilization. Here, a discrete event simulation
(DES) approach is utilized to build and analyze the performance of a queueing model over time. Key aspects such as
arrival rates, service times, queue capacity, and customer tolerance are also represented. The simulation runs for an
extended period to mimic real customer traffic and the performance metrics including average waiting time, queue
length, resource utilization, number of busy servers, idle servers, and customer complaints are then quantified. The
validated simulation accurately portrays the existing operation and allows testing changes by adding or removing the
servers resulting in a reduction of 31.8% in queue length and 33.76% in service time, alongside a notable 20.48%
improvement in service utilization. Findings suggest this simulation yields better resource management by speeding
up service that proves effective for evaluating complex queueing systems and informing strategic decisions through
quantitative analysis of alternatives. Overall, the analysis aimed to enhance seamless bank operations, customer
satisfaction, and experience at the busy bank location through data-driven recommendations on queue management. ]]>
Sat, 09 Nov 2024 15:38:30 GMT/slideshow/optimizing-bank-queues-in-bangladesh-our-simulation-insights/273147807MobinMithun1@slideshare.net(MobinMithun1)Optimizing Bank Queues in Bangladesh: Our Simulation InsightsMobinMithun1Queueing is a common problem for busy banks, causing long waiting times for customers. This study focuses on a
leading bank in Bangladesh that sees high numbers of customers daily. The goal is to simulate the bank's service
system to determine the optimal number of servers during peak hours. Additionally, removing the extra servers to get
the optimum service level as the servers remain idle when there are not many customers in a bank is mainly for the
cost minimization of the banking operations by maintaining its optimum utilization. Here, a discrete event simulation
(DES) approach is utilized to build and analyze the performance of a queueing model over time. Key aspects such as
arrival rates, service times, queue capacity, and customer tolerance are also represented. The simulation runs for an
extended period to mimic real customer traffic and the performance metrics including average waiting time, queue
length, resource utilization, number of busy servers, idle servers, and customer complaints are then quantified. The
validated simulation accurately portrays the existing operation and allows testing changes by adding or removing the
servers resulting in a reduction of 31.8% in queue length and 33.76% in service time, alongside a notable 20.48%
improvement in service utilization. Findings suggest this simulation yields better resource management by speeding
up service that proves effective for evaluating complex queueing systems and informing strategic decisions through
quantitative analysis of alternatives. Overall, the analysis aimed to enhance seamless bank operations, customer
satisfaction, and experience at the busy bank location through data-driven recommendations on queue management. <img style="border:1px solid #C3E6D8;float:right;" alt="" src="https://cdn.slidesharecdn.com/ss_thumbnails/bankthesispresentation-241109153830-2cce4581-thumbnail.jpg?width=120&height=120&fit=bounds" /><br> Queueing is a common problem for busy banks, causing long waiting times for customers. This study focuses on a
leading bank in Bangladesh that sees high numbers of customers daily. The goal is to simulate the bank's service
system to determine the optimal number of servers during peak hours. Additionally, removing the extra servers to get
the optimum service level as the servers remain idle when there are not many customers in a bank is mainly for the
cost minimization of the banking operations by maintaining its optimum utilization. Here, a discrete event simulation
(DES) approach is utilized to build and analyze the performance of a queueing model over time. Key aspects such as
arrival rates, service times, queue capacity, and customer tolerance are also represented. The simulation runs for an
extended period to mimic real customer traffic and the performance metrics including average waiting time, queue
length, resource utilization, number of busy servers, idle servers, and customer complaints are then quantified. The
validated simulation accurately portrays the existing operation and allows testing changes by adding or removing the
servers resulting in a reduction of 31.8% in queue length and 33.76% in service time, alongside a notable 20.48%
improvement in service utilization. Findings suggest this simulation yields better resource management by speeding
up service that proves effective for evaluating complex queueing systems and informing strategic decisions through
quantitative analysis of alternatives. Overall, the analysis aimed to enhance seamless bank operations, customer
satisfaction, and experience at the busy bank location through data-driven recommendations on queue management.
]]>
810https://cdn.slidesharecdn.com/ss_thumbnails/bankthesispresentation-241109153830-2cce4581-thumbnail.jpg?width=120&height=120&fit=boundspresentationBlackhttp://activitystrea.ms/schema/1.0/posthttp://activitystrea.ms/schema/1.0/posted0Store Closure of Decathlon Sports Bangladesh - A Case Study
/slideshow/store-closure-of-decathlon-sports-bangladesh-a-case-study-260430424/260430424
storeclosureofdecathlonsportsbangladesh-acasestudy-230902070027-711aa1e9 Here, I discussed about a recent case study that has drawn attention from the retail industry: Decathlon Sports Bangladesh's store closure on August 1st. This decision has prompted discussions about the complex relationship between supply chain dynamics and retail strategies. Let's take a closer look at the situation and explore some possible solutions that could make a big difference.
Read the full Article: https://www.linkedin.com/pulse/store-closure-decathlon-sports-bangladesh-case-study-mobin
In Conclusion:
The story of Decathlon Sports Bangladesh's store closure is not one of defeat, but a call to action. By recalibrating its supply chain strategies and retailing approach, Decathlon can emerge stronger, more adaptive, and customer-centric than ever before. Let's keep our eyes on the journey ahead as they navigate these challenges and transform them into opportunities for growth.]]>
Here, I discussed about a recent case study that has drawn attention from the retail industry: Decathlon Sports Bangladesh's store closure on August 1st. This decision has prompted discussions about the complex relationship between supply chain dynamics and retail strategies. Let's take a closer look at the situation and explore some possible solutions that could make a big difference.
Read the full Article: https://www.linkedin.com/pulse/store-closure-decathlon-sports-bangladesh-case-study-mobin
In Conclusion:
The story of Decathlon Sports Bangladesh's store closure is not one of defeat, but a call to action. By recalibrating its supply chain strategies and retailing approach, Decathlon can emerge stronger, more adaptive, and customer-centric than ever before. Let's keep our eyes on the journey ahead as they navigate these challenges and transform them into opportunities for growth.]]>
Sat, 02 Sep 2023 07:00:27 GMT/slideshow/store-closure-of-decathlon-sports-bangladesh-a-case-study-260430424/260430424MobinMithun1@slideshare.net(MobinMithun1)Store Closure of Decathlon Sports Bangladesh - A Case StudyMobinMithun1Here, I discussed about a recent case study that has drawn attention from the retail industry: Decathlon Sports Bangladesh's store closure on August 1st. This decision has prompted discussions about the complex relationship between supply chain dynamics and retail strategies. Let's take a closer look at the situation and explore some possible solutions that could make a big difference.
Read the full Article: https://www.linkedin.com/pulse/store-closure-decathlon-sports-bangladesh-case-study-mobin
In Conclusion:
The story of Decathlon Sports Bangladesh's store closure is not one of defeat, but a call to action. By recalibrating its supply chain strategies and retailing approach, Decathlon can emerge stronger, more adaptive, and customer-centric than ever before. Let's keep our eyes on the journey ahead as they navigate these challenges and transform them into opportunities for growth.<img style="border:1px solid #C3E6D8;float:right;" alt="" src="https://cdn.slidesharecdn.com/ss_thumbnails/storeclosureofdecathlonsportsbangladesh-acasestudy-230902070027-711aa1e9-thumbnail.jpg?width=120&height=120&fit=bounds" /><br> Here, I discussed about a recent case study that has drawn attention from the retail industry: Decathlon Sports Bangladesh's store closure on August 1st. This decision has prompted discussions about the complex relationship between supply chain dynamics and retail strategies. Let's take a closer look at the situation and explore some possible solutions that could make a big difference.
Read the full Article: https://www.linkedin.com/pulse/store-closure-decathlon-sports-bangladesh-case-study-mobin
In Conclusion:
The story of Decathlon Sports Bangladesh's store closure is not one of defeat, but a call to action. By recalibrating its supply chain strategies and retailing approach, Decathlon can emerge stronger, more adaptive, and customer-centric than ever before. Let's keep our eyes on the journey ahead as they navigate these challenges and transform them into opportunities for growth.
]]>
410https://cdn.slidesharecdn.com/ss_thumbnails/storeclosureofdecathlonsportsbangladesh-acasestudy-230902070027-711aa1e9-thumbnail.jpg?width=120&height=120&fit=boundspresentationBlackhttp://activitystrea.ms/schema/1.0/posthttp://activitystrea.ms/schema/1.0/posted0https://cdn.slidesharecdn.com/profile-photo-MobinMithun1-48x48.jpg?cb=1750496976mobinmithun.vercel.apphttps://cdn.slidesharecdn.com/ss_thumbnails/bankthesispresentation-241109153830-2cce4581-thumbnail.jpg?width=320&height=320&fit=boundsslideshow/optimizing-bank-queues-in-bangladesh-our-simulation-insights/273147807Optimizing Bank Queues...https://cdn.slidesharecdn.com/ss_thumbnails/storeclosureofdecathlonsportsbangladesh-acasestudy-230902070027-711aa1e9-thumbnail.jpg?width=320&height=320&fit=boundsslideshow/store-closure-of-decathlon-sports-bangladesh-a-case-study-260430424/260430424Store Closure of Decat...