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Industrial Engineering & Management

ISSN: 2169-0316

Open Access

Kasu Jilcha

School of Mechanical and Industrial Engineering, Addis Ababa Institute of Technology,
Addis Ababa
Ethiopia

Publications
  • Research Article
    Loan Cycle Time Analysis for Industrial Project Financing of Development Bank of Ethiopia
    Author(s): Kasu Jilcha, Hailu Worku and Eshetie BerhanKasu Jilcha, Hailu Worku and Eshetie Berhan

    The reduction of loan processing cycle time gives relief in a lot of financial and non-financial activities to customers and to companies. Thus, the purpose of this research is to minimize and analyze the loan processing cycle time of Development Bank of Ethiopia so that processing cycle time gets crushed. Project owners get frustrated when their loan application takes longer processing time. As the loan processing cycle time gets longer and longer, project owners or promoters lose enormous amount of money and energy waiting for the loan approval day. Thus, the study was conducted to improve this delay of loan processing time using data from the Bank and ARENA simulation software. In modeling this system, an ARENA software simulation model was developed, verified, and validated to determine the daily loan processing cycle time and potential problem areas for the various request levels.. Read More»

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