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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. ?

Kemahiran: Kewangan, Analisis Perniagaan, Penulisan Laporan, Excel, Kejuruteraan Industri

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( 0 ulasan ) Jeddah, Saudi Arabia

ID Projek: #21905214

8 pekerja bebas membida secara purata $21 untuk pekerjaan ini

solomasla

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Aitzaz1

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

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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 Lagi

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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.

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ashriapurva

Fast in work

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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.

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cpdesign2018

I will help in your project and making profit & loss

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