Title :
A Sample of Stochastic Simulation of an Automatic Teller Machine
Author_Institution :
Dept. of Financial Inf. Eng., Peking Univ., Beijing
Abstract :
With appropriate assumptions, this paper gives a stochastic model on the ATMs which provide cash service to the people who need to get money from the bank and gives a formula which can offer the gross of the money provided to the people when the number of people obeys Poisson distribution and the the quantity of money obeys Normal distribution. Besides, this paper gives a conclusion with stochastic simulation.
Keywords :
Poisson distribution; automatic teller machines; normal distribution; Poisson distribution; automatic teller machine; normal distribution; stochastic simulation; Computational modeling; Computer simulation; Costs; Distributed computing; Gaussian distribution; Random processes; Random variables; Stochastic processes; ATM; Poisson process; stochastic simulation;
Conference_Titel :
Computer Modeling and Simulation, 2009. ICCMS '09. International Conference on
Conference_Location :
Macau
Print_ISBN :
978-0-7695-3562-3
Electronic_ISBN :
978-1-4244-3561-6
DOI :
10.1109/ICCMS.2009.72
