MCDM Approach for Locating Automatic Teller Machines: An Application in Turkish Banking Sector

Author:

Goker Nazli1,Dursun Mehtap1

Affiliation:

1. Industrial Engineering Department, Galatasaray University, Ciragan Cad. No: 36 Ortaköy Beşiktaş Turkey

Abstract

Although there is an increase in the use of alternative channels through which the service offered by bank ATMs (Automated Teller Machine) can be met due to technological developments, branching remains important for banks in terms of increasing the loyalty of existing customers to the bank, acquiring new customers and maintaining communication with all customers. The location to be determined for ATM placement may vary depending on many factors. In this study, a simple and easily usable method is presented to find the most suitable location for bank branches. The purpose of this study report is to compare the solutions of the case analysis with PROMETHEE II method used in the selected article and the other method which is ELECTRE II. PROMETHEE II method was solved by the authors of the selected article, ELECTRE method by the authors of this report. The case study was conducted with data from the decision maker in a transformer manufacturing organization in India. Methods give different results for 3 identified sustainable concepts (S1, S2, S3).

Publisher

World Scientific and Engineering Academy and Society (WSEAS)

Subject

General Computer Science

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