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Modeling of Queue Management System in Banking Industries

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Modeling of Queue Management System in Banking Industries


Nwosu M. C. | Uhonmhoibhi K. E. | Okorie C. C. | Odii K. C.

https://doi.org/10.31142/ijtsrd16973



Nwosu M. C. | Uhonmhoibhi K. E. | Okorie C. C. | Odii K. C. "Modeling of Queue Management System in Banking Industries" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-2 | Issue-5, August 2018, pp.1279-1296, URL: https://www.ijtsrd.com/papers/ijtsrd16973.pdf

This study determined the performance measures of a queue management system in FIRST Bank Nigeria Plc; Nnamdi Azikiwe University, Awka. The variables measured include: the arrival rate and the service rate from a three server system over a given period of time of the day. Quantitative research method was employed in collecting the data. The observed data was tested using chi-square goodness of fit test to determine if the arrival rates are Poisson distributed and the service rates are exponentially distributed. Multiple channel queuing models were used in analyses. The mean arrival and service rates were 10.82 and 9.22 respectively, with a system utilization of 1.2. The probability of having zero customers in the system was used to determine the optimal number of servers needed in the system. It was concluded that Five (5) servers is appropriate instead of three (3) servers currently used by the establishment, using the system utilization of 1.2 to trace the probability of having zero customers in the system which was found to be 0.976 at five - servers (M=5). Five (5) server model is recommended for the establishment to reduce the total expected time customers has to wait, and that operation managers should not rely on existing queuing models only, but they should apply their discretion when a queue gets out of hand.

Modeling, Queue, Management System, First Bank, Unizik Awka


IJTSRD16973
Volume-2 | Issue-5, August 2018
1279-1296
IJTSRD | www.ijtsrd.com | E-ISSN 2456-6470
Copyright © 2019 by author(s) and International Journal of Trend in Scientific Research and Development Journal. This is an Open Access article distributed under the terms of the Creative Commons Attribution License (CC BY 4.0) (http://creativecommons.org/licenses/by/4.0)

International Journal of Trend in Scientific Research and Development - IJTSRD having online ISSN 2456-6470. IJTSRD is a leading Open Access, Peer-Reviewed International Journal which provides rapid publication of your research articles and aims to promote the theory and practice along with knowledge sharing between researchers, developers, engineers, students, and practitioners working in and around the world in many areas like Sciences, Technology, Innovation, Engineering, Agriculture, Management and many more and it is recommended by all Universities, review articles and short communications in all subjects. IJTSRD running an International Journal who are proving quality publication of peer reviewed and refereed international journals from diverse fields that emphasizes new research, development and their applications. IJTSRD provides an online access to exchange your research work, technical notes & surveying results among professionals throughout the world in e-journals. IJTSRD is a fastest growing and dynamic professional organization. The aim of this organization is to provide access not only to world class research resources, but through its professionals aim to bring in a significant transformation in the real of open access journals and online publishing.

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