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Balance Analysis of Operational Risk Through the Aggregate Method in the Loss Distribution Approach Amalia, Hana Safrina; Dhamayanti, Fildha; Salih, Yasir
International Journal of Global Operations Research Vol. 5 No. 2 (2024): International Journal of Global Operations Research (IJGOR)m May 2024
Publisher : iora

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.47194/ijgor.v5i2.306

Abstract

Operational risk is defined as the risk of loss resulting from negligence or failure in an entity's internal processes or due to external problems. Companies (especially financial institutions) also face these risks. Recording operational losses in insurance companies is often not done correctly, resulting in limited data regarding operational losses. In this research, the focus is given to operational loss data recorded from claim payments. In general, the number of insurance claims can be resolved using a Poisson distribution, where the expected value of a claim is proportional to its variance. On the other hand, the negative binomial distribution has an expected value that is definitely smaller than its variance. The analytical method used to measure potential losses is through a loss distribution approach using the aggregate method. In this method, loss data is categorized into frequency distribution and severity distribution. By performing 10,000 simulations, a total claim loss value is generated, which is the accumulation of individual claims in each simulation. Then from the simulation results, the potential loss value (OpVaR) at a certain level of confidence is determined.
The Impact of Online Gambling on Marital Relationships and Divorce Rates: A Literature Review Pirdaus, Dede Irman; Kalfin, Kalfin; Salih, Yasir
International Journal of Ethno-Sciences and Education Research Vol 4, No 3 (2024)
Publisher : Research Collaboration Community (RCC)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.46336/ijeer.v4i3.721

Abstract

The prevalence of online gambling has soared in recent years, posing a significant threat to marital relationships and divorce rates. This research examines the impact of online gambling on marital relationships and levels of peace through comprehensive literature insights. This study analyzes the development of online gambling, the factors that encourage participation, the psychological impact, and its influence on marital dynamics. Findings show that online gambling can significantly damage marital relationships, cause financial conflict, reduce the quality of communication, and increase the risk of divorce. Statistical data from Indonesia shows an increase in gambling-related divorce cases in the last five years, with a peak in 2023. This research highlights the need for multi-faceted interventions, including stricter regulations, public awareness campaigns and support services for affected families to reduce Negative effects of online gambling on marriage.
Risk Analysis Using Poisson-Pareto Models to Estimate Reserve Funds for Catastrophic Diseases in National Health Insurance Yohandoko, Setyo Luthfi Okta; Pangestika, Almira Ajeng; Salih, Yasir
International Journal of Quantitative Research and Modeling Vol 5, No 4 (2024)
Publisher : Research Collaboration Community (RCC)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.46336/ijqrm.v5i4.818

Abstract

Catastrophic diseases such as heart disease, cancer, stroke, and kidney failure pose significant financial burdens on national health insurance systems due to their high treatment costs and frequency. This study utilizes the Poisson-Pareto model to analyze aggregate claims and determine premium loading for these diseases, ensuring the financial sustainability of the National Health Insurance program. Using secondary data from 2018 to 2023, we estimate the parameters for frequency and severity distributions, calculate the expected aggregate claims, and derive the required premium loading at various confidence levels. The results show that heart disease accounts for the highest reserve fund allocation, while kidney failure requires the lowest. These findings emphasize the importance of preparing sufficient reserve funds to manage financial risks associated with catastrophic diseases. The proposed approach provides a robust framework for national health insurance providers to maintain financial stability and optimize resource allocation for high-cost diseases.
Mean-Variance Portfolio Optimisation Model for Comparison of Stock Portfolio Composition on the American Stock Exchange before and after the Boycott of Companies Supporting Israel (Case Study: AAPL, SBUX, AMZN, GOOGL, MCD) Fasa, Rayyan Al Muddatstsir; Sukono, Sukono; Salih, Yasir
International Journal of Quantitative Research and Modeling Vol 5, No 3 (2024)
Publisher : Research Collaboration Community (RCC)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.46336/ijqrm.v5i3.744

Abstract

The background of this research is related to the boycott of companies that support Israel, which affects the composition of stock portfolios on the American Stock Exchange. The focus of this research is on key companies such as Apple (AAPL), Starbucks (SBUX), Amazon (AMZN), Google (GOOGL), and McDonald's (MCD). The problem to be solved is the identification of changes in optimal asset allocation in investment portfolios before and after the boycott. Using a mean-variance portfolio optimization model, historical stock price data is analyzed to model the transformation of portfolio composition as well as the associated risk level. The purpose of this study is to provide an in-depth understanding of the impact of the boycott on the investment portfolio structure of related companies on the American Stock Exchange. The result of this research is that there is a change in the allocation of assets held against stocks before the boycott and after the boycott. This research is expected to provide useful insights for investors, financial analysts, and other stakeholders in managing their investment portfolios, especially in anticipating and adjusting investment strategies amid dynamic changes in the stock market.
The Development of Atomic Structures by Dalton, Thomson Rutherford and Bohr, and their Mathematical Equations Suhaimi, Nurnisaa binti Abdullah; Cahyandari, Rini; Salih, Yasir
International Journal of Quantitative Research and Modeling Vol 5, No 3 (2024)
Publisher : Research Collaboration Community (RCC)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.46336/ijqrm.v5i3.759

Abstract

Thomson's atom is a solid ball or billiard ball with a positive charge that contains several negatively charged particles or electrons. These electrons will be spread on the ball like raisins on bread. The main difference between Thomson's and Rutherford's atomic models is that Thomson's model does not contain information about the atomic nucleus, while Rutherford's model does. The theory of atomic structure helps scientists understand why elements behave in certain ways in chemical reactions. For example, electron configuration determines how elements bond and form compounds. In this paper, a literature review was conducted on the development of Thomson's atomic structure model. The study method was carried out to identify elements based on their atomic number, determine their reactivity based on the number of valence electrons, and understand how atoms unite to form molecules through chemical bonds. The results of the study, by studying atomic theory, can find out about the chemical and physical properties, as well as the uses of particles or substances that exist around the universe.
Mean-Variance Investment Portfolio Optimization Model Without Risk-Free Assets in Jii70 Share Gusliana, Shindi Adha; Salih, Yasir
Operations Research: International Conference Series Vol. 3 No. 3 (2022): Operations Research International Conference Series (ORICS), September 2022
Publisher : Indonesian Operations Research Association (IORA)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.47194/orics.v3i3.185

Abstract

In investing, investors will try to limit all the risks in managing their investments. Investor strategies to minimize investment risk are diversification by forming investment portfolios, one of which is the Mean-Variance without risk-free assets. The calculation results will show the composition of the optimum portfolio return for each stock that forms the portfolio. Optimum portfolio obtained with wT = (0.39853, 0.25519, 0.13644, 0.09788, 0.11196) sequential weight composition for TLKM, KLBF, INCO, HRUM, and FILM stocks. The composition of this optimal portfolio return is 𝜏 0.04 with a return of 0.00209 and a portfolio variance of 0.00015. The formation of this portfolio optimization model is expected to be additional literature in optimizing the investment portfolio with the Mean-Variance.
Modeling Queue Length at The Toll Gate Using Promodel Before and After Ramp-Off Construction Hafizi, Muhamad; Hafiz, Syauqi Abyan; Sugiharto, Bambang; Tosida, Eneng Tita; Bon, Abdul Thalib Bin; Sugara, Victor Ilyas; Subandi, Kotim; Salih, Yasir
International Journal of Quantitative Research and Modeling Vol 6, No 1 (2025)
Publisher : Research Collaboration Community (RCC)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.46336/ijqrm.v6i1.905

Abstract

In everyday life, queues often occur. Waiting at the counter to get train or movie tickets, at the toll gate, at the bank, at the supermarket, and in other situations that we often encounter Queues occur when the need for services exceeds the capacity or capacity of the service facility. As a result, users of the facility cannot get immediate service due to the busyness of the service. The Amplas Toll Gate queue is the object of this research. The Amplas Toll Gate is one of the densest toll gates that is heavily traveled by vehicles both entering and exiting. This makes it often seen a fairly long queue, especially during peak hours in the late afternoon to evening. The Medan City Government built an off ramp at the Amplas flyover in 2016. This off ramp leads directly to the Amplas toll gate. The vehicle arrival rate increases along with the queue length because vehicles can arrive faster to the toll gate. This study aims to calculate the queue length at the Amplas toll gate before and after the construction of the ramp off. Data is obtained by recording the volume of vehicles at the research location. With an average service time of 7 seconds, the queuing method produces a queue length of 11.98 meters, while the results using Pro Model software are 11.98 meters. In addition, the queue length after the construction of the ramp off decreased to 6.67 meters from before the construction of the ramp off. Promodel is a windows-based simulation software used to simulate and analyze a system.
Community Readiness for the Use of the Cash on Delivery (COD) Application Without a Marketplace Using an SPSS-based Likert Scale: Community Readiness for the Use of the Cash on Delivery (COD) Application Without a Marketplace Using an SPSS-based Likert Scale Saputra, Renda Sandi; Salih, Yasir
International Journal of Mathematics, Statistics, and Computing Vol. 1 No. 3 (2023): International Journal of Mathematics, Statistics, and Computing
Publisher : Communication In Research And Publications

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.46336/ijmsc.v1i3.5

Abstract

This study aims to analyze the community's readiness for the Cash on Delivery (COD) without marketplace application as a payment method in online shopping transactions. Questionnaires were distributed to 30 respondents aged 18 to 25 years with various levels of education. The results of the questionnaire were analyzed using the SPSS statistical software, and the data obtained included age, gender, education level, and responses to several questions that were relevant to community readiness for COD services. The results of the analysis show that the majority of the community shows a high level of readiness for the COD application, with around 50.0% to 60.0% of respondents belonging to the ready and very ready categories. The diverse age range of respondents indicates that the COD application can reach young age groups, and the varying levels of education indicate that this application attracts interest from various walks of life. The gender of the respondents did not show a significant difference in the level of interest in COD services. Even though the majority showed high readiness, there were some respondents who showed a lower level of readiness. Therefore, a special approach is needed to provide further information and education to this group to increase their readiness to use COD services. In conclusion, the COD application has great potential to become a popular and reliable choice for users to make purchases online. However, effective marketing, education and product development efforts need to be continued to reach the full potential of COD services and provide better benefits to potential users. By focusing on good user experience, data security, and the right marketing strategy, COD applications have a chance of success in a competitive market.
Determining Customer Preferences in Choosing a Marketplace Using the Conjoint Analysis Method Agustina, Sri; Sirait, Haposan; Salih, Yasir
International Journal of Mathematics, Statistics, and Computing Vol. 1 No. 4 (2023): International Journal of Mathematics, Statistics, and Computing
Publisher : Communication In Research And Publications

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.46336/ijmsc.v1i4.39

Abstract

The number of online shopping transactions in Indonesia has grown over the last ten years by 17% and the total number of e-commerce businesses has reached 26.2 million units. This creates competition that requires companies to maintain their existence by understanding consumer psychology. This study aims to determine the combination of attribute levels that are most preferred by consumers in choosing a marketplace as a place to shop by using conjoint analysis. The data used is the result of a survey of Riau University students in the form of a questionnaire. The results of the conjoint analysis in this study show that the level of each attribute that respondents prefer is the display of full color applications and images, free shipping promotions on a certain amount of purchase, the method of paying Cash On Delivery (COD), using J&T/JNE/Sicepat/Tiki/Pos delivery services, and product reviews are available in the form of photos and videos.
The Implementation of Roy's Safety-First Criterion in Stock Portfolio Selection Amal, Moh. Alfi; Laksito, Grida Saktian; Salih, Yasir
International Journal of Mathematics, Statistics, and Computing Vol. 2 No. 1 (2024): International Journal of Mathematics, Statistics, and Computing
Publisher : Communication In Research And Publications

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.46336/ijmsc.v2i1.64

Abstract

Statistical data shows that the Indonesian capital market has experienced significant growth. This growth is attributed to public awareness of the benefits of stock investments. However, with an increasing number of new investors entering the stock market, attention to investment risks deepens. Many investors prefer stocks that are easily predictable and have low risk, as higher volatility increases the level of uncertainty in obtaining returns. The relatively high risk level in investing requires investors to minimize risks, one of which is by diversifying funds into various investment assets, commonly known as optimal portfolio selection. An optimal portfolio can be formed using various methods and approaches. One method for portfolio selection is the application of the Safety First Criterion, a method dependent on downside risk, referring to risks that result in losses. This article conducts a simulation of the implementation of Roy's Safety First Criterion using stock data from the largest companies in eleven sectors over the past year. These sectors include basic materials, communication services, consumer cyclical, consumer defensive, energy, financial services, healthcare, real estate, technology, and utilities. Based on this analysis, out of the eleven stocks, six stocks meet Roy's criteria: LIN, GOOG, AMZN, BRK-B, LLY, and AAPL, with respective weights of LIN=10.84%, GOOG=12.61%, AMZN=24.67%, BRK-B=1.37%, LLY=34.17%, and AAPL=16.35%. Using Roy's Safety First Criterion for selected stocks from various sectors indicates that the resulting portfolio has a very low risk level, specifically 1%. This means that by using the portfolio obtained from the eleven stocks, investors can achieve minimal risk, making this portfolio secure for new investors.