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Multi-Objective Location Problem for Bank Branches
Indexado
WoS WOS:001071137000001
Scopus SCOPUS_ID:85171575749
DOI 10.1109/ACCESS.2023.3315244
Año 2023
Tipo artículo de investigación

Citas Totales

Autores Afiliación Chile

Instituciones Chile

% Participación
Internacional

Autores
Afiliación Extranjera

Instituciones
Extranjeras


Abstract



Although 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.

Revista



Revista ISSN
Ieee Access 2169-3536

Métricas Externas



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Disciplinas de Investigación



WOS
Computer Science, Information Systems
Telecommunications
Engineering, Electrical & Electronic
Scopus
Materials Science (All)
Computer Science (All)
Engineering (All)
SciELO
Sin Disciplinas

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Publicaciones WoS (Ediciones: ISSHP, ISTP, AHCI, SSCI, SCI), Scopus, SciELO Chile.

Colaboración Institucional



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Autores - Afiliación



Ord. Autor Género Institución - País
1 MONTERO-URETA, ELIZABETH DEL CARMEN Mujer Universidad Técnica Federico Santa María - Chile
2 Nicolis, Orietta Mujer Universidad Nacional Andrés Bello - Chile
3 Reid, Samantha Mujer Universidad Nacional Andrés Bello - Chile
4 Torres, Marcelo - Pontificia Universidad Católica de Chile - Chile

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Financiamiento



Fuente
CIGIDEN
National Fund for Scientific and Technological Development (FONDECYT)
Fondo Nacional de Desarrollo Científico y Tecnológico
Research Center for Integrated Disaster Risk Management (CIGIDEN)
Research Center for Integrated Disaster Risk Management

Muestra la fuente de financiamiento declarada en la publicación.

Agradecimientos



Agradecimiento
This work was supported in part by the National Fund for Scientific and Technological Development (FONDECYT) Project under Grant ID1201478, and in part by the Research Center for Integrated Disaster Risk Management (CIGIDEN) under Grant ANID/FONDAP/15110017.
This work was supported in part by the National Fund for Scientific and Technological Development (FONDECYT) Project under Grant ID1201478, and in part by the Research Center for Integrated Disaster Risk Management (CIGIDEN) under Grant ANID/FONDAP/15110017.

Muestra la fuente de financiamiento declarada en la publicación.