IDEAS home Printed from https://ideas.repec.org/h/spr/prbchp/978-3-319-66872-7_4.html
   My bibliography  Save this book chapter

Multi-objective ATM Location Problem in a Metropolitan City

In: New Challenges in Banking and Finance

Author

Listed:
  • Mahmoud Golabi

    (Eastern Mediterranean University)

  • Arman Nedjati

    (Eastern Mediterranean University)

  • Gökhan Izbirak

    (Eastern Mediterranean University)

Abstract

Location problems are considered as an important branch of the strategic decision-making process. It is incontrovertible that finding the optimal locations of Automatic Teller Machines (ATMs) plays a salient role in retaining and enhancing the market share of the banks. In this study, a multi-objective linear mathematical model is developed to minimize the ATMs’ establishment costs, the surcharge costs, the interchange costs, and the number of lost customers simultaneously. In order to demonstrate the applicability of the proposed model, a case study of Tehran metropolis is presented. The General Algebraic Modeling System (GAMS), which is an optimization compiler, is used to solve the problem. The result indicates the establishment location of the new ATM machines by considering the current outsiders’ ATMs.

Suggested Citation

  • Mahmoud Golabi & Arman Nedjati & Gökhan Izbirak, 2017. "Multi-objective ATM Location Problem in a Metropolitan City," Springer Proceedings in Business and Economics, in: NESRIN ÖZATAÇ & Korhan K. GÖKMENOGLU (ed.), New Challenges in Banking and Finance, pages 39-46, Springer.
    • Handle: RePEc:spr:prbchp:978-3-319-66872-7_4
    DOI: 10.1007/978-3-319-66872-7_4
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:prbchp:978-3-319-66872-7_4. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.