Optimization Strategy on Cash Transportation Routing of Banks
نویسندگان
چکیده
This paper studies the cost control strategy on cash transportation of China's banking industry under the context of the global financial crisis. It analyses the actual work law of the bank cash transportation profoundly and the impact factors at the transportation costs, and constructs the singlematerial vehicle routing optimization model with rigid time constraints. It uses the genetic algorithm to design a solution for the model. It establishes a practical example based on the actual data from the savings network of CCB and traffic information of Hohhot urban road network, and gets a satisfactory solution, which verifies the effectiveness of the optimization model.
منابع مشابه
Designing a green location routing inventory problem considering transportation risks and time window: a case study
This study introduces a green location, routing and inventory problem with customer satisfaction, backup distribution centers and risk of routes in the form of a non-linear mixed integer programming model. In this regard, time window is considered to increase the customer satisfaction of the model and transportation risks is taken into account for the reliability of the system. In addition, dif...
متن کاملA Comprehensive Mathematical Model for a Location-routing-inventory Problem under Uncertain Demand: a Numerical Illustration in Cash-in-transit Sector
The purpose of this article is to model and solve an integrated location, routing and inventory problem (LRIP) in cash-in-transit (CIT) sector. In real operation of cash transportation, to decrease total cost and to reduce risk of robbery of such high-value commodity. There must be substantial variation, making problem difficult to formulate. In this paper, to better fit real life applications ...
متن کاملA particle swarm optimization method for periodic vehicle routing problem with pickup and delivery in transportation
In this article, multiple-product PVRP with pickup and delivery that is used widely in goods distribution or other service companies, especially by railways, was introduced. A mathematical formulation was provided for this problem. Each product had a set of vehicles which could carry the product and pickup and delivery could simultaneously occur. To solve the problem, two meta-heuristic methods...
متن کاملModeling and optimization of ATM cash replenishment
Deriving the optimal cash deployment strategy for a network of ATMs involves the analysis of logistics costs, inventory policies as well as of the routing of replenishment vehicles. The optimal cash deployment strategy focuses on the reduction of cash-related expenses provided that ATMs do not run out of cash. In the paper, this rich vehicle routing problem is solved using genetic algorithm. Th...
متن کاملRouting optimization for ATM cash replenishment
The cash deployment strategy for a network of ATMs should take into account the analysis of inventory policies, logistics costs as well as the routing of replenishment vehicles. The optimal strategy has to focus on the reduction of cash-related expenses while safeguarding that ATMs do not run out of cash. Shorter routes with high time window constraints violations are not always the best soluti...
متن کامل