A SIMPLE QUEUING STATISTICAL MODEL FOR THE BANKING SYSTEM IN MACEDONIA

Marjan Nikolov

Journal Articles, 2008, 5-8

Abstract: We try to set up a statistical model to measure the queuing system at the banking system in Macedonia. The illustrative statistical model shows possible not viable queuing systems in the biggest Macedonian banks that lead on one side toward short term cost savings for the banks in terms of fewer employees for the service points but in long run it builds customer's dissatisfaction and social and transactional costs. This research sets up a base for more in depth research about the bank's operations with households operations as customers and might increase the awareness about the customers and banks to improve the existing situation. Keywords: exponential distribution, Poisson distribution, banking system, statistical model, customer's satisfaction

Date: 2008
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Persistent link: https://EconPapers.repec.org/RePEc:cmk:journl:y:2008:p:5-8

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