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The effect of location on the distribution of withdrawals from selected ATMs of the "Euronet" network

Author

Listed:
  • Henryk Gurgul

    (University of Science and Technology in Kraków, Department of Applications of Mathematics in Economics)

  • Marcin Suder

    (University of Science and Technology in Kraków, Department of Applications of Mathematics in Economics)

Abstract

Information about the distribution of withdrawals is very essential for ATM networks. It sup- ports optimization of the replenishment process for ATMs. The conducted research showed that the daily distribution of withdrawals was similar among the examined ATMs owned by the Euronet company. Location was the main factor in determining empirical distribution on the same days of the week. Logistic distribution fit best to withdrawals from ATMs located in shopping centers, bank branches, shops, and supermarkets. In addition, uniform distri- bution was found to be the best alternative for withdrawals from ATMs operating at petrol stations.

Suggested Citation

  • Henryk Gurgul & Marcin Suder, 2014. "The effect of location on the distribution of withdrawals from selected ATMs of the "Euronet" network," Managerial Economics, AGH University of Science and Technology, Faculty of Management, vol. 15(1), pages 43-62.
    • Handle: RePEc:agh:journl:v:15:y:2014:i:1:p:43-62
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    File URL: https://journals.agh.edu.pl/manage/article/view/1145/901
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    Cited by:

    1. Marcin Suder & Tomasz Wójtowicz & Rafał Kusa & Henryk Gurgul, 2023. "Challenges for ATM management in times of market variability caused by the COVID-19 pandemic crisi," Central European Journal of Operations Research, Springer;Slovak Society for Operations Research;Hungarian Operational Research Society;Czech Society for Operations Research;Österr. Gesellschaft für Operations Research (ÖGOR);Slovenian Society Informatika - Section for Operational Research;Croatian Operational Research Society, vol. 31(2), pages 445-465, June.

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