I need help in designing a framework/model to be used to determine the optimal number of branches for a bank.
In particular;
I require insights on factors that will be taken into consideration in this model
Off the top of my head, I think the following internal variables/data will be useful; historical branch financials (like branch profitability, number of accounts opened, ATM card sold etc).
Externally, here a few factors that may be considered (though not all may be readily available);
Affluence, age brackets, density of population within x minutes of drive time, Density of competitors within x minutes of drive time, Location of current householders, Marketshare within region, Internal knowledge about frequency of trips by behaviour type and customer segment.
Based on the above, the framework/model will be able to determine if a branch viable or should be trimmed.
In making a final decision with respect to a freelancer, I would require a 2 - 5 page outline detailing the approach and variables and other considerations for the model/framework.
Dear client,
I have read and understood the gist of your project's requirements. I have the relevant skills related to it and can ascertain to you that I can confidently do it. Kindly initiate a chat and let talk more about the requirements of your project.
Regards.
I have read u r concern and I am hepy to work with u with all my effective skills and my intelligence I am welling to start my work now it self and I can work felixibily so I can work on u r project fast and give u a good results
I can do this for you and go above and beyond! I have an MS in Business Analytics and a BS in Statistics, so data modeling is what I am best at! I recently had to do a 20 page analysis similar to this for my capstone project.