Chitchat PAP's Cost/Benefit Analysis

ckmpd · Jul 9, 2016

According to pap's analysis to each bank:

1. Employ two security guards at $20k each per year = $40k per year
2. Based on one robbery every 10years = $30k (Holland Village)

Cost of employing security guards - loss = ($400k-$30k)

Conclusion: Bank need not employ security guards as it gains $370k per year despite risk of robbery at the bank

Brightkid · Jul 9, 2016

Then every bank must have a banner telling would be robbers that the bank will only disburse maximum $30k and robber can leave before alarm is raised. Demand anything more, police will be activated immediately.

Above will ensure business case is always justified, up to, maybe first 10 robberies per year only.

This way, everyone is safe and none of customer and staff hurt, and poodles have work to do and robber get their money. Everyone wins!

frenchbriefs · Jul 9, 2016

of course cost is unjustifiable,u forgot u need to employ 2 guards for every branch,assuming theres ten branches,thats $4 million a year in additional manpower minimum and theres no guarantee the robbery will be foiled or they will recover the money at all.all that just for a once every 5 years crazy white guy that robs a random bank.just give him a token 30k and send him on his way.i mean wtf is 30k in this day and age in super rich sinkieland?standard chartered probably gambles with billions of dollars every day in the stock market.shit they already lost tens of billions in china investments along with temasek,losing 30k is probably considered a fantastic day for chartered bank.shit theres probably like 30k in every atm machine.

ckmpd · Jul 9, 2016

Brightkid said:
Then every bank must have a banner telling would be robbers that the bank will only disburse maximum $30k and robber can leave before alarm is raised. Demand anything more, police will be activated immediately.

Above will ensure business case is always justified, up to, maybe first 10 robberies per year only.

This way, everyone is safe and none of customer and staff hurt, and poodles have work to do and robber get their money. Everyone wins!

Based on pap's analysis, planning comsiderations and assumptions, it wld be more beneficial for the bank not to employ any security guards. Each cashier can hold up to $30k at any one time.

But as usual more discerning Singaporeans can see that the analysis brings with it other problems.

Likewise, the discerning Singaporeans have told the pap that it cant import 3m 3rd world foreigners without properly vetting them. These Singaporeans ahve also analysed that such foreigners, although cheaper than Singaporeans will bring with them health, social and other problems to SG.

ckmpd · Jul 9, 2016

frenchbriefs said:
of course cost is unjustifiable,u forgot u need to employ 2 guards for every branch,assuming theres ten branches,thats $4 million a year in additional manpower minimum and theres no guarantee the robbery will be foiled or they will recover the money at all.all that just for a once every 5 years crazy white guy that robs a random bank.just give him a token 30k and send him on his way.i mean wtf is 30k in this day and age in super rich sinkieland?standard chartered probably gambles with billions of dollars every day in the stock market.shit they already lost tens of billions in china investments along with temasek,losing 30k is probably considered a fantastic day for chartered bank.shit theres probably like 30k in every atm machine.

great analysis

The_Hypocrite · Jul 10, 2016

Long time ago..mata was posted at banks...when they did away with it?

tanwahtiu · Jul 10, 2016

I do have an idea with cheap method of preventing robbers in the bank or in any retail shops.

But leave it to another day to sell the idea if I am real broke and need money.

ckmpd said:
According to pap's analysis to each bank:

1. Employ two security guards at $20k each per year = $40k per year
2. Based on one robbery every 10years = $30k (Holland Village)

Cost of employing security guards - loss = ($400k-$30k)

Conclusion: Bank need not employ security guards as it gains $370k per year despite risk of robbery at the bank

po2wq · Jul 10, 2016

ckmpd said:
According to pap's analysis to each bank:

1. Employ two security guards at $20k each per year = $40k per year
2. Based on one robbery every 10years = $30k (Holland Village)

Cost of employing security guards - loss = ($400k-$30k)

Conclusion: Bank need not employ security guards as it gains $370k per year despite risk of robbery at the bank

tiz oni cost analysis ... where's ze benefits analysis? ...

ckmpd · Jul 10, 2016

The_Hypocrite said:
Long time ago..mata was posted at banks...when they did away with it?

The banks learnt from the pap.

if it is cheap to suffer a robbery once in 10years than to employ security guards, then do away with security guards regardless of the danger and risk involved.

The pap has shown that it is cheaper to employ 3rd world foreigners regardless of the social and health problems to Singaporeans and proceeded with it and suffered dire consequences. Likewise, the banks will suffer dire consequences too if they follow pap's example

ckmpd · Jul 10, 2016

po2wq said:
tiz oni cost analysis ... where's ze benefits analysis? ...

benefit is that it saves the bank $370k

Polonaise · Jul 10, 2016

Overall variance for maintenance are favorable, classic eg. MRT and lifts.

Chitchat PAP's Cost/Benefit Analysis

ckmpd

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Brightkid

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frenchbriefs

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ckmpd

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