Optimizing the resource allocation in a private pension company

Computerized mathematical models are forecasting processes and support decision making in the management of insurance. Using the Linear and Integer Programming module of the WinQSB software, we have made a simulation on an actual specific situation of a firm that offers the clients the possibility t...

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Bibliographic Details
Published in:Risk in Contemporary Economy
Main Authors: Manuela Panaitescu, Angela Eliza Micu
Format: Article
Language:English
Published: Dunarea de Jos University of Galati 2012-11-01
Subjects:
Online Access:http://www.rce.feaa.ugal.ro/sites/default/files/Panaitescu_Micu.pdf
Description
Summary:Computerized mathematical models are forecasting processes and support decision making in the management of insurance. Using the Linear and Integer Programming module of the WinQSB software, we have made a simulation on an actual specific situation of a firm that offers the clients the possibility to subscribe for private pensions. We have focused over a company specializing in private insurance, that wants a way in on the market, given that the attractiveness of the private pension segment rises, offering two types of private pensions, in accordance with the specifications of the clients: optional and mandatory.
ISSN:2067-0532