Multi-Objective Location Problem for Bank Branches

Vista sencilla de ítem
dc.contributor.authorMontero, Elizabeth
dc.contributor.authorNicolis, Orietta
dc.contributor.authorReid, Samantha
dc.contributor.authorTorres, Marcelo
dc.date.accessioned2024-06-21T14:54:48Z
dc.date.available2024-06-21T14:54:48Z
dc.date.issued2023
dc.descriptionIndexación: Scopus.
dc.description.abstractAlthough current technologies allow simple online banking transactions, it is vital to guarantee access to bank branches both for customers and businesses. Banking branch interactions improve trust in bank institutions in everyday situations and emergencies. This research addresses the problem of the location of banking facilities. A set of objective functions related to socio-economic variables, geographical coverage and bankers preferences are considered. A multi-objective linear programming model is proposed to solve different versions of the problem considering a maximum radial distance coverage. The (mono/bi/multi) objective versions of the problem are analyzed by varying the values of the weights of objective functions in the proposed model that is then solved using AMPL Gurobi solver. The case study is carried out in Santiago de Chile with data from a local banking institution. In the results, the bank's initial situation is analyzed to contrast the solutions found later. This analysis is performed considering the mono-objective, bi-objective, and multi-objective nature of the studied problem. In all these cases, we analyzed changes in the structure of solutions as the coverage of the branches increases. The proposed model can quickly obtain feasible solutions according to the needs and available resources, allowing to replicate the analysis in different institutions under similar conditions considering strategically established priorities. © 2013 IEEE.
dc.description.urihttps://ieeexplore-ieee-org.recursosbiblioteca.unab.cl/document/10250807
dc.identifier.citationIEEE Access. Volume 11, Pages 99977 - 99989. 2023
dc.identifier.doi10.1109/ACCESS.2023.3315244
dc.identifier.issn2169-3536
dc.identifier.urihttps://repositorio.unab.cl/handle/ria/57822
dc.language.isoen
dc.publisherInstitute of Electrical and Electronics Engineers Inc.
dc.rights.licenseCC BY-NC-ND 4.0 ATTRIBUTION-NONCOMMERCIAL-NODERIVS 4.0 INTERNATIONAL Deed
dc.rights.urihttps://creativecommons.org/licenses/by-nc-nd/4.0/
dc.subjectAMPL Gurobi Solver
dc.subjectBank Location
dc.subjectCOVID-19
dc.subjectMetropolitan Region
dc.subjectObjective Function
dc.subjectOptimization Model
dc.subjectService Coverage
dc.titleMulti-Objective Location Problem for Bank Branches
dc.typeArtículo
Archivos
Bloque original
Mostrando 1 - 1 de 1
No hay miniatura disponible
Nombre:
Montero_Multi-Objective_Location_Problem_for_Bank_Branches_2023.pdf
Tamaño:
4.48 MB
Formato:
Adobe Portable Document Format
Descripción:
TEXTO COMPLETO EN INGLÉS
Descargar
Bloque de licencias
Mostrando 1 - 1 de 1
No hay miniatura disponible
Nombre:
license.txt
Tamaño:
1.71 KB
Formato:
Item-specific license agreed upon to submission
Descripción:
Descargar
Colecciones
FIng - Artículos de Revista