Models

Insurance Estimation of Heating Costs

This model assumes that an insurance company is offering a local organization an insurance policy that will guard the organization against large heating oil costs from excessively cold winters. There are three sources of uncertainty: the price of heating oil, the weather, and the amount of heating oil required. The first two of these are modeled with @RISK's Time Series Fit tool, based on real historical data.


magnifierarrow-right
linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram