DESIGNING COLLECTION ROUTES THROUGH BANK BRANCHES

Most banks must send out vehicle on a regular basis to their branches in order to collect cash and negotiables left by depositors. The problem is modeled as a vehicle routing problem with constraints and objective terms specific to the aprticular banking context, such as penalties for lost interest. Two versions of the problem are studies: the deterministic case, and the stochastic case in which travel times are random. These two versions are modeled as integer mathematical programs, and solved by means of a heuristic procedure. Problems derived from a real situation (a Belgian bank network) are solved under different scenarios. (A)

  • Corporate Authors:

    CENTRE DE RECHERCHE SUR LES TRANSPORTS. UNIVERSITE DE MONTREAL

    C.P. 6128, SUCCURSALE A
    MONTREAL, QUEBEC  Canada  H3C 3J7
  • Authors:
    • LAMBERT, V
    • Laporte, G
    • Louveaux, F
  • Publication Date: 1991-11

Language

  • English

Media Info

Subject/Index Terms

Filing Info

  • Accession Number: 00674450
  • Record Type: Publication
  • Source Agency: Transportation Association of Canada (TAC)
  • Files: ITRD
  • Created Date: Mar 8 1995 12:00AM