| Summary: | 碩士 === 國立交通大學 === 管理科學研究所 === 84 === Postal Simple Life Insurance of Claim Payment has been applying
in the past years, which was not specific planning. The
research will plan to Claim Payment for seven years, which will
simulate a planning and make one Period of semiannual for
liability schedule. Cash Matching is structured a Government
Bond Portfolio Investment, which is able to look for a lower
cost and risk. That is, my primary issue. The research will
apply in Dedication Techniques for Cash Matching Strategies.
Which are Pure Cash Matching Strategy, Dedication with Cash
Reinvestment Strategy and Dedication with Cash Borrowing and
Reinvestment Strategy. The strategy details for ten models and
applies in software (SAS OR) of Operations Research, which we
try to find a lower cost among ten models, and we apply in
Scenario Analysis to slect a lower risk Portfolio Investment.
The research is positive conclusion, which is Dedication with
Cash Borrowing Reinvestment Strategy of model C. We find a
lower cost and risk Portfolio Investment among ten models. The
result is consistent with T. Dessa Fabozzi Tom Tong and Yu Zhu
professors, and they think that it is a lower cost Sym- metric
Cash Matching Strategy than Pure Cash Matching Strategy. In
addition, the result is also consistent with Randall S. Hiller
and Christian Schaack professors, and they think that it is a
lower cost Dedication with Cash Borrowing Reinvestment strategy
than Pure Cash Matching Strategy and Dedication with Cash
Reinvestment Strategy. Therefore, the conclusion is not only
applied in plan Postal Simple Life Insurance of Claim Payment
but also support above conclusion of professors.
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