Generic menu optimization for multi-profile customer systems

Karimov, Jeyhun; Özbayoğlu, A. Murat; Tavlı, Bülent; Doğdu, Erdoğan

doi:10.1109/syseng.2015.7302750

Cited by 2 publications

(1 citation statement)

References 13 publications

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“…To the best of our knowledge, such optimization framework has never been constructed in the context of ATM menu optimization in the literature. One exception is an earlier study where the initial design and performance analysis of our MIP-based solution has been introduced Karimov et al (2015b). In this study we improved our model and significantly expanded our performance evaluations.…”

Section: Introductionmentioning

confidence: 99%

Menu Optimization for Multi-Profile Customer Systems on Large Scale Data

et al. 2021

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Everyday, a majority of the people, most probably several times, use the banking applications through online applications or physical ATM (Automated Teller Machine) devices for managing their financial transactions. However, most financial institutions provide static user interfaces regardless of the needs for different customers. Saving even a few seconds for each transaction through more personalized interface design might not only result in higher efficiency, but also result in customer satisfaction and increased market share among the competitors. In ATM Graphical User Interface (GUI) design, transaction completion time is, arguably, one of the most important metrics to quantify customer satisfaction. Optimizing GUI menu structures has been pursued and many heuristic techniques for this purpose are present. However, menu optimization by employing an exact mathematical optimization framework has never been performed in the literature. We cast the ATM menu optimization problem as a Mixed Integer Programming (MIP) framework. All the parameters of the MIP framework are derived from a comprehensive actual ATM menu usage database. We also proposed two heuristic approaches to reduce the computational complexity. Our solution can be accustomed with ergonomic factors and can easily be tailored for optimization of various menu design problems. Performance evaluations of our solutions by using actual ATM data reveal the superior performance of our optimization solution.

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Section: Introductionmentioning

confidence: 99%