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I need expert simulation with Arena software

this is the problem:

An insurance company has a particular type of insurance policy which costs $100 for six months of [login to view URL] probability of a claim being filed per policy and month is 0.01. Given that the claim is filed, the size follows a triangular distribution with minimum value $50, most likely value $200 and maximum value $500.

I need the following to solve this problem :

1-Assume independence in the filling of claims between policies and for month to month.

2-Develop and run an ARENA model to estimate the average profit and the probability of loss per policy.

3-Solve problem 1 on MS-Excel. Compare the results of the solutions of problems 1 and 2.

Taidot: Excel, Teollinen muotoilu, Teollisuustekniikka, Tilastotiede

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( 0 arvostelua ) Saudi Arabia

Projektin tunnus: #15928112

7 freelanceria on tarjonnut keskimäärin %project_bid_stats_avg_sub_26% %project_currencyDetails_sign_sub_27% tähän työhön

suyashdhoot

Hi I am a very experienced statistician and academic writer. I have completed several PhD level thesis projects involving advanced statistical analysis of data. I have worked with data from several companies and have d Lisää

$75 USD 1 päivässä
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6.6
Valuesolutions

Hello, how are you? I hope you have a bright day/evening from your side. I have read the details provided, but please contact me so that we can discuss more on the project. I believe I have the required skills in this Lisää

$34 USD 1 päivässä
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4.7
sumanghosh

We will complete your project within the budget and timeline. Please check [login to view URL]

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2.3
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marketer99

Hi, I am an MS Office expert and I will provide you excellent and good looking documents for final delivery. I always provide top-notch services to my customers. I am a professional freelancer having an experie Lisää

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snehasparkle123

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vinnymiranda28

DEAR SIR / MAM , HI I AM VINNY FROM SPAIN . AS PER YOUR JOB WE HAVE THREE PEOPLE TEAM HERE IN OUR OFFICE WE ALL HAVE MORE THAN 10 YEARS EXPERIENCE IN EXCEL

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