Efficient Dynamic Cost Scheduling Algorithm for Financial Data Supply Chain

The financial data supply chain is vital to the economy, especially for banks. It affects their customer service level, therefore, it is crucial to manage the scheduling of the financial data supply chain to elevate the efficiency of banking sectors’ performance. The primary tool used in the data su...

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Main Author: Al Sadawi, Alia (author)
Other Authors: Shamayleh, Abdulrahim (author), Ndiaye, Malick (author)
Format: article
Published: 2021
Subjects:
Online Access:http://hdl.handle.net/11073/23910
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author Al Sadawi, Alia
author2 Shamayleh, Abdulrahim
Ndiaye, Malick
author2_role author
author
author_facet Al Sadawi, Alia
Shamayleh, Abdulrahim
Ndiaye, Malick
author_role author
dc.creator.none.fl_str_mv Al Sadawi, Alia
Shamayleh, Abdulrahim
Ndiaye, Malick
dc.date.none.fl_str_mv 2021
2022-06-07T06:18:20Z
2022-06-07T06:18:20Z
dc.format.none.fl_str_mv application/pdf
dc.identifier.none.fl_str_mv Al Sadawi, A.; Shamayleh, A.; Ndiaye, M. Efficient Dynamic Cost Scheduling Algorithm for Financial Data Supply Chain. Algorithms 2021, 14, 211. https://doi.org/10.3390/a14070211. [Comment: This article belongs to the Special Issue Scheduling: Algorithms and Applications]
1999-4893
http://hdl.handle.net/11073/23910
10.3390/a14070211
dc.language.none.fl_str_mv en_US
dc.publisher.none.fl_str_mv MDPI
dc.relation.none.fl_str_mv https://doi.org/10.3390/a14070211
dc.subject.none.fl_str_mv Financial data
Supply chain management
Data batching
Scheduling
Batching cost
Parallel processing
Optimization
Multi-processing commitment
dc.title.none.fl_str_mv Efficient Dynamic Cost Scheduling Algorithm for Financial Data Supply Chain
dc.type.none.fl_str_mv Peer-Reviewed
Published version
info:eu-repo/semantics/publishedVersion
info:eu-repo/semantics/article
description The financial data supply chain is vital to the economy, especially for banks. It affects their customer service level, therefore, it is crucial to manage the scheduling of the financial data supply chain to elevate the efficiency of banking sectors’ performance. The primary tool used in the data supply chain is data batch processing which requires efficient scheduling. This work investigates the problem of scheduling the processing of tasks with non-identical sizes and different priorities on a set of parallel processors. An iterative dynamic scheduling algorithm (DCSDBP) was developed to address the data batching process. The objective is to minimize different cost types while satisfying constraints such as resources availability, customer service level, and tasks dependency relation. The algorithm proved its effectiveness by allocating tasks with higher priority and weight while taking into consideration customers’ Service Level Agreement, time, and different types of costs, which led to a lower total cost of the batching process. The developed algorithm proved effective by testing it on an illustrative network. Also, a sensitivity analysis is conducted by varying the model parameters for networks with different sizes and complexities to study their impact on the total cost and the problem under study.
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identifier_str_mv Al Sadawi, A.; Shamayleh, A.; Ndiaye, M. Efficient Dynamic Cost Scheduling Algorithm for Financial Data Supply Chain. Algorithms 2021, 14, 211. https://doi.org/10.3390/a14070211. [Comment: This article belongs to the Special Issue Scheduling: Algorithms and Applications]
1999-4893
10.3390/a14070211
language_invalid_str_mv en_US
network_acronym_str aus
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oai_identifier_str oai:repository.aus.edu:11073/23910
publishDate 2021
publisher.none.fl_str_mv MDPI
repository.mail.fl_str_mv
repository.name.fl_str_mv
repository_id_str
spelling Efficient Dynamic Cost Scheduling Algorithm for Financial Data Supply ChainAl Sadawi, AliaShamayleh, AbdulrahimNdiaye, MalickFinancial dataSupply chain managementData batchingSchedulingBatching costParallel processingOptimizationMulti-processing commitmentThe financial data supply chain is vital to the economy, especially for banks. It affects their customer service level, therefore, it is crucial to manage the scheduling of the financial data supply chain to elevate the efficiency of banking sectors’ performance. The primary tool used in the data supply chain is data batch processing which requires efficient scheduling. This work investigates the problem of scheduling the processing of tasks with non-identical sizes and different priorities on a set of parallel processors. An iterative dynamic scheduling algorithm (DCSDBP) was developed to address the data batching process. The objective is to minimize different cost types while satisfying constraints such as resources availability, customer service level, and tasks dependency relation. The algorithm proved its effectiveness by allocating tasks with higher priority and weight while taking into consideration customers’ Service Level Agreement, time, and different types of costs, which led to a lower total cost of the batching process. The developed algorithm proved effective by testing it on an illustrative network. Also, a sensitivity analysis is conducted by varying the model parameters for networks with different sizes and complexities to study their impact on the total cost and the problem under study.MDPI2022-06-07T06:18:20Z2022-06-07T06:18:20Z2021Peer-ReviewedPublished versioninfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfAl Sadawi, A.; Shamayleh, A.; Ndiaye, M. Efficient Dynamic Cost Scheduling Algorithm for Financial Data Supply Chain. Algorithms 2021, 14, 211. https://doi.org/10.3390/a14070211. [Comment: This article belongs to the Special Issue Scheduling: Algorithms and Applications]1999-4893http://hdl.handle.net/11073/2391010.3390/a14070211en_UShttps://doi.org/10.3390/a14070211oai:repository.aus.edu:11073/239102024-08-22T12:08:56Z
spellingShingle Efficient Dynamic Cost Scheduling Algorithm for Financial Data Supply Chain
Al Sadawi, Alia
Financial data
Supply chain management
Data batching
Scheduling
Batching cost
Parallel processing
Optimization
Multi-processing commitment
status_str publishedVersion
title Efficient Dynamic Cost Scheduling Algorithm for Financial Data Supply Chain
title_full Efficient Dynamic Cost Scheduling Algorithm for Financial Data Supply Chain
title_fullStr Efficient Dynamic Cost Scheduling Algorithm for Financial Data Supply Chain
title_full_unstemmed Efficient Dynamic Cost Scheduling Algorithm for Financial Data Supply Chain
title_short Efficient Dynamic Cost Scheduling Algorithm for Financial Data Supply Chain
title_sort Efficient Dynamic Cost Scheduling Algorithm for Financial Data Supply Chain
topic Financial data
Supply chain management
Data batching
Scheduling
Batching cost
Parallel processing
Optimization
Multi-processing commitment
url http://hdl.handle.net/11073/23910