AUTOMATED TELLER MACHINE FLOW NETWORK AND CONTROL SYSTEM

Automatic teller machine network management control system executes a deterministic optimization process based on a deterministic forecasted withdrawal demand to determine a cash refill amount, and executes a stochastic simulation process to determine an overall automatic teller machine network mana...

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Bibliographische Detailangaben
Hauptverfasser: Sarkar Soumitra, Diao Yixin, Jan Ea-Ee
Format: Patent
Sprache:eng
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Beschreibung
Zusammenfassung:Automatic teller machine network management control system executes a deterministic optimization process based on a deterministic forecasted withdrawal demand to determine a cash refill amount, and executes a stochastic simulation process to determine an overall automatic teller machine network management cost based on a stochastic forecasted withdrawal demand and the cash refill amount. The executing of the deterministic optimization process and the executing of the stochastic simulation process are iterated based on updated scaling parameter from the stochastic simulation process and the cash refill amount determined by the deterministic optimization process at current iteration until a termination threshold is met. A target scaling parameter that minimizes the overall automatic teller machine network management cost out of all iterations is determined, and target cash refill amount and time specification for refilling the automatic teller machine are determined based on executing the deterministic optimization process with the target scaling parameter.