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bulid me an Arena model

An insurance company has a particular type of insurance policy which costs $100 for six months of coverage. The 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. Assume independence in the filling of claims between policies and for month to month.

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

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

Taidot: Rahoitus, Liiketoiminta-analyysi, Raportin kirjoittaminen, Excel, Teollisuustekniikka

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Tietoa työnantajasta:
( 0 arvostelua ) Jeddah, Saudi Arabia

Projektin tunnus: #21905214

8 freelanceria on tarjonnut keskimäärin 21$ tähän työhön

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$20 USD 7 päivässä
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Aitzaz1

i will sincere to my work :) ..............,.........................................................................

$15 USD 7 päivässä
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etransguru

Hello there, Hafiz here, thanks for keeping your eyes on my profile. Although I am a professional content writer and translator, I am also good at in data entries job. I have vast knowledge about Microsoft word/excel/p Lisää

$20 USD 1 päivässä
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Tushar0923f

A flexible and talented data entry clerk with good skills. I’m a self-starter who can take direction and run with it with little supervision. I’m very detail oriented, minimum error and provide high quality work.

$22 USD 2 päivässä
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ashriapurva

Fast in work

$25 USD 1 päivässä
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Mayank522

I can complete this work as fast as possible and a I also have an idea about this project and typing speed is also good.

$25 USD 7 päivässä
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cpdesign2018

I will help in your project and making profit & loss

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