Date of Award

Fall 12-1-2008

Document Type

Dissertation

Degree Name

Doctor of Philosophy (PhD)

Department

Applied Engineering and Technology Management

First Advisor

A. Blanton Godfrey

Second Advisor

David Beach

Third Advisor

Ming Zhou

Abstract

This research investigates the utilization of a new control chart in the Banking industry to minimize financial risk. There are processes in the banking industry that do not lend themselves to traditional control chart applications. These processes tend to be high volume. High volume meaning over a million transactions a day and a requirement for high levels of accuracy characterize these processes. The research has looked at these processes and applied the "g" control charts to determine if they provide timely feedback to the banking industry. The value of this research will give the banking industry an opportunity to react quickly when a problem occurs, thus minimizing errors, risk and customer dissatisfaction.

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