Bank Simulation & Forecasting
- 1. QMST 5335 PROJECT 3: BANK SIMULATION BY ADITI SHAH AND ANNA STREICHHARDT 1
- 2. CONTENT • System Explanation and Data Analysis results • Simio model • Simio Experiment Setup • Results comparision • Recommendations 2
- 4. DATA ANALYSIS RESULTS Advanced Moderate Basic BANK CUSTOMERS 18.6 sec (exponential distribution) 39. 6 sec (exponential distribution) SIGN IN TIMES 61. 5 sec (exponential distribution) INTERARRIVAL TIME: 60.4 sec (exponential distribution) STAT::FIT RESULTS 4
- 5. DATA ANALYSIS RESULTS Manager Teller ATM Sign In BANK SERVER 51.2 sec (exponential distribution) 129 sec (exponential distribution) SERVICE TIMES 221 sec (exponential distribution) Individually per customer type (mentioned on slide 4) 5 STAT::FIT RESULTS
- 6. DATA ANALYSIS RESULTS EXAMPLE CASE LOWER BOUND = 0 6
- 7. DATA ANALYSIS RESULTS 23% 57% 20% Customer Mix Basic Moderate Advanced 76% 24% Basic customer ATM Tel… 26% 47% 27% Moderate customer ATM 26% 74% Advanced customer Teller Man… 7
- 9. SIMIO MODEL USAGE OF DATA TABLE 9
- 10. SIMIO MODEL USAGE OF REFERENCE PROPERTIES SIGN IN ATM TELLER MANAGER 10
- 11. SIMIO MODEL JACKSON NETWORK MODEL VERIFICATION 11
- 13. SIMIO EXPERIMENT SETUP HIRING SCENARIOS • Initial run (no hiring) Scenario 1 • + 2 SignIn employees Scenario 2 • + 2 Manager employees Scenario 3 • + 1 Teller employee •+ 1 Manager employee Scenario 4 13
- 14. SIMIO EXPERIMENT SETUP RUN LENGTH: 5000 minutes WARM-UP: 500 minutes 14
- 15. COMPARISON RESULTS AVERAGE TIME IN SYSTEM (SEC) 15 201.07 sec 287.85 sec 257.44 sec 260.57 sec
- 16. COMPARISON RESULTS AVERAGE NUMBER IN SYSTEM 16 3.33 4.75 4.26 4.30
- 17. COMPARISON RESULTS AVERAGE ATM QUEUE WAITING TIME 17 0.0528 sec 0.0878 sec 0.0888 sec 0.0950 sec
- 18. COMPARISON RESULTS AVERAGE TELLER QUEUE WAITING TIME 18 0.4403 sec 0.4753 sec 0.4486 sec 0.0554 sec
- 19. COMPARISON RESULTS AVERAGE MANAGER QUEUE WAITING TIME 19 94.84 sec 97.58 sec 2.04 sec 12.95 sec
- 20. RECOMMENDATIONS 1) BEST IMPROVEM ENT FOR OVERALL SYSTEM: SCENARIO 2: HIRING 2 EMPLOYEE 2) BEST IMPROVEM ENT FOR MANAGER WAITING QUEUE: SCENARIO 3: HIRING 2 3) BEST IMPROVEM ENT FOR TELLER WAITING QUEUE: SCENARIO 4: HIRING 1 20
- 21. QUESTIONS IF ANY, PLEASE SHOOT US AN EMAIL! • aditishah@txstate.edu • anna@txstate.edu 21
Editor's Notes
- #2: Aditi: slide 1-6 Anna: slide 7-11 Aditi: slide 12- 15 Anna: slide 16-21 System Explanation ~1 minutes Data Analyses results ~2-3 mins Simio Model ~3-4minutes (explain the design and verification, how you use tables/reference properties, what are the problems observed in the current system based on initial run) Simio Experiment Setup ~ 1-2 minutes (explain the scenarios, replications, lengths, etc.) Demonstrate the comparison results ~3-4 minutes (SMOREs, highlight the differences of the statistics) Recommendations ~1-2 minutes If applicable, questions and answers