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Cost Analysis for Number of Servers in a Bank using Simulation Method

International Journal of Mechanical Engineering
© 2015 by SSRG - IJME Journal
Volume 2 Issue 5
Year of Publication : 2015
Authors : Satish Verma, Dr. Sridhar. K
10.14445/23488360/IJME-V2I5P108
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How to Cite?

Satish Verma, Dr. Sridhar. K, "Cost Analysis for Number of Servers in a Bank using Simulation Method," SSRG International Journal of Mechanical Engineering, vol. 2,  no. 5, pp. 24-30, 2015. Crossref, https://doi.org/10.14445/23488360/IJME-V2I5P108

Abstract:

In Banking industry we saw queue and different number of servers. The complexity in installing the correct number of servers is not a simple task as it contains the needs the study of social, economical and especially the psychological nature associated with queue. In this paper study of all the parameters involved using survey is done and based upon the survey report, manual simulation as well as system simulation process is performed, from the obtained result various types of cost associated and overall profit associated with different number of servers is obtained thereby the required number of servers has been suggested.

Keywords:

Service Cost, Waiting Time Cost , Queuing Model, Number of Servers, Utilization Factor.

References:

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