際際滷shows by User: MobinMithun1 / http://www.slideshare.net/images/logo.gif 際際滷shows by User: MobinMithun1 / Sat, 09 Nov 2024 15:38:30 GMT 際際滷Share feed for 際際滷shows by User: MobinMithun1 Optimizing 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/273147807 MobinMithun1@slideshare.net(MobinMithun1) Optimizing Bank Queues in Bangladesh: Our Simulation Insights MobinMithun1 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. <img style="border:1px solid #C3E6D8;float:right;" alt="" src="https://cdn.slidesharecdn.com/ss_thumbnails/bankthesispresentation-241109153830-2cce4581-thumbnail.jpg?width=120&amp;height=120&amp;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&#39;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.
Optimizing Bank Queues in Bangladesh: Our Simulation Insights from Md. Ahsanul Mobin
]]> 73 0 https://cdn.slidesharecdn.com/ss_thumbnails/bankthesispresentation-241109153830-2cce4581-thumbnail.jpg?width=120&height=120&fit=bounds presentation Black http://activitystrea.ms/schema/1.0/post http://activitystrea.ms/schema/1.0/posted 0 Store 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-260430424/260430424 MobinMithun1@slideshare.net(MobinMithun1) Store Closure of Decathlon Sports Bangladesh - A Case Study MobinMithun1 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. <img style="border:1px solid #C3E6D8;float:right;" alt="" src="https://cdn.slidesharecdn.com/ss_thumbnails/storeclosureofdecathlonsportsbangladesh-acasestudy-230902070027-711aa1e9-thumbnail.jpg?width=120&amp;height=120&amp;fit=bounds" /><br> Here, I discussed about a recent case study that has drawn attention from the retail industry: Decathlon Sports Bangladesh&#39;s store closure on August 1st. This decision has prompted discussions about the complex relationship between supply chain dynamics and retail strategies. Let&#39;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&#39;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&#39;s keep our eyes on the journey ahead as they navigate these challenges and transform them into opportunities for growth.
Store Closure of Decathlon Sports Bangladesh - A Case Study from Md. Ahsanul Mobin
]]> 31 0 https://cdn.slidesharecdn.com/ss_thumbnails/storeclosureofdecathlonsportsbangladesh-acasestudy-230902070027-711aa1e9-thumbnail.jpg?width=120&height=120&fit=bounds presentation Black http://activitystrea.ms/schema/1.0/post http://activitystrea.ms/schema/1.0/posted 0 https://cdn.slidesharecdn.com/profile-photo-MobinMithun1-48x48.jpg?cb=1735598752 mobinmithun.weebly,com https://cdn.slidesharecdn.com/ss_thumbnails/bankthesispresentation-241109153830-2cce4581-thumbnail.jpg?width=320&height=320&fit=bounds slideshow/optimizing-bank-queues-in-bangladesh-our-simulation-insights/273147807 Optimizing Bank Queues... https://cdn.slidesharecdn.com/ss_thumbnails/storeclosureofdecathlonsportsbangladesh-acasestudy-230902070027-711aa1e9-thumbnail.jpg?width=320&height=320&fit=bounds slideshow/store-closure-of-decathlon-sports-bangladesh-a-case-study-260430424/260430424 Store Closure of Decat...