International Journal of Global Operations Research
Vol. 2 No. 4 (2021): International Journal of Global Operations Research (IJGOR), November 2021

Determination of the Contribution of the Reserve Fund for Flood Natural Disaster Management in the DKI Jakarta Region

Nugraha, Dwita Safira (Unknown)
Susanti, Dwi (Unknown)
Sukono, Sukono (Unknown)



Article Info

Publish Date
03 Nov 2021

Abstract

Floods are natural disasters that are quite difficult to predict. As a result, there are many losses both materially, morally and even to the point of taking lives. In Indonesia, one of the areas that experience flooding the most is DKI Jakarta. In early 2020, flooding was the biggest cause of loss in the region. The role of the people of DKI Jakarta is very important in collecting contributions to the reserve fund for disaster emergency response. Therefore, this study aims to estimate the amount of reserve fund contributions for community-based flood disaster management in the DKI Jakarta area based on the Collective Risk Model method approach, using Poisson and Log-Normal distributions, including parameter estimates  and (μ,σ) , resulting in an estimate of the expected magnitude of the risk of loss. Based on these expectations, the contribution amount can be calculated using the Individual and Collective Risk Model. The result of this research is the contribution of funds which is calculated based on the principle of expected value

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Journal Info

Abbrev

ijgor

Publisher

Subject

Computer Science & IT Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Engineering Mathematics

Description

International Journal of Global Operations Research (IJGOR) is published 4 times a year and is the flagship journal of the Indonesian Operational Research Association (IORA). It is the aim of IJGOR to present papers which cover the theory, practice, history or methodology of OR. However, since OR is ...