Decisions on Additional Counters in the Banking Industry and Applications of the Queuing Theory

Many researchers have long explored the effects of customer waiting time on service level. In Malaysia, however, the effects of this particular issue have seldom been explored. This study was conducted to reduce this gap by examining the relationship between the waiting time and customer satisfac...

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Main Author: Seow, Hsin Vonn
Format: Thesis
Language:English
English
Published: 2000
Subjects:
Online Access:http://psasir.upm.edu.my/id/eprint/8142/1/GSM_2000_4_.pdf
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id my-upm-ir.8142
record_format uketd_dc
spelling my-upm-ir.81422023-12-12T08:19:55Z Decisions on Additional Counters in the Banking Industry and Applications of the Queuing Theory 2000-12 Seow, Hsin Vonn Many researchers have long explored the effects of customer waiting time on service level. In Malaysia, however, the effects of this particular issue have seldom been explored. This study was conducted to reduce this gap by examining the relationship between the waiting time and customer satisfaction level in Malaysia's banking industry. The focus of the thesis is the determination of counters and the trade off between the opportunity cost and the service level offered by the bank. First, data related to waiting lines was obtained from the QMS system of Bank XYZ. This data includes all costs data required in this study. Questionnaires were also distributed to customers of Bank XYZ to gather information in estimating their opportunity cost. All the data was analysed using various procedures. As an example, the arrival and server pattern was analysed using the K -S test. The result indicates the arrival and server pattern to be Poisson distribution and Exponential distribution respectively. Separate procedures were developed to find optimal number of counters using maximum allowable waiting time and cost model. The result indicates that this method of calculating optimal counters is possible and reliable. The overall result of this study can be repeated and can be easily utilised by other banking institutions in managing their queuing problem. Banks and banking - Law and legislation 2000-12 Thesis http://psasir.upm.edu.my/id/eprint/8142/ http://psasir.upm.edu.my/id/eprint/8142/1/GSM_2000_4_.pdf text en public masters Universiti Putra Malaysia Banks and banking - Law and legislation Graduate School of Management Yahya, Salleh English
institution Universiti Putra Malaysia
collection PSAS Institutional Repository
language English
English
advisor Yahya, Salleh
topic Banks and banking - Law and legislation


spellingShingle Banks and banking - Law and legislation


Seow, Hsin Vonn
Decisions on Additional Counters in the Banking Industry and Applications of the Queuing Theory
description Many researchers have long explored the effects of customer waiting time on service level. In Malaysia, however, the effects of this particular issue have seldom been explored. This study was conducted to reduce this gap by examining the relationship between the waiting time and customer satisfaction level in Malaysia's banking industry. The focus of the thesis is the determination of counters and the trade off between the opportunity cost and the service level offered by the bank. First, data related to waiting lines was obtained from the QMS system of Bank XYZ. This data includes all costs data required in this study. Questionnaires were also distributed to customers of Bank XYZ to gather information in estimating their opportunity cost. All the data was analysed using various procedures. As an example, the arrival and server pattern was analysed using the K -S test. The result indicates the arrival and server pattern to be Poisson distribution and Exponential distribution respectively. Separate procedures were developed to find optimal number of counters using maximum allowable waiting time and cost model. The result indicates that this method of calculating optimal counters is possible and reliable. The overall result of this study can be repeated and can be easily utilised by other banking institutions in managing their queuing problem.
format Thesis
qualification_level Master's degree
author Seow, Hsin Vonn
author_facet Seow, Hsin Vonn
author_sort Seow, Hsin Vonn
title Decisions on Additional Counters in the Banking Industry and Applications of the Queuing Theory
title_short Decisions on Additional Counters in the Banking Industry and Applications of the Queuing Theory
title_full Decisions on Additional Counters in the Banking Industry and Applications of the Queuing Theory
title_fullStr Decisions on Additional Counters in the Banking Industry and Applications of the Queuing Theory
title_full_unstemmed Decisions on Additional Counters in the Banking Industry and Applications of the Queuing Theory
title_sort decisions on additional counters in the banking industry and applications of the queuing theory
granting_institution Universiti Putra Malaysia
granting_department Graduate School of Management
publishDate 2000
url http://psasir.upm.edu.my/id/eprint/8142/1/GSM_2000_4_.pdf
_version_ 1794018719704285184