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All Journal International Journal of Global Operations Research
Thufeil Rafi, Muhammad
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Computer Science & IT Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Engineering Mathematics

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Calculation of Copper Production Failure Risk Level Based on Aggregate Loss Cost Wijaya, Alvian Octa; Thufeil Rafi, Muhammad
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.v5i2.300

Abstract

In its implementation, the copper manufacturing industry often faces various risks, one of which is the risk of production failure. This research aims to calculate the level of risk of factory failure in producing copper based on aggregate loss costs. Quantitative methods were used in this research. It calculates the failure frequency, which follows a Poisson distribution, the loss distribution, which follows an exponential distribution function, and the total loss amount.
Co-Authors Wijaya, Alvian Octa