Risk pooling - Samenvattingen en Aantekeningen

Summary of chapter 2 & lecture

health care - Answer the treatment of illness and maintenance of health finance - Answer funding health care financing - Answer funding for the treatment of illness and maintenance of health insurance - Answer protects against risk insured - Answer (also called beneficiary) some who is covered by insurance beneficiary - Answer a person who derives advantage from something, especially a trust, will or life insurance policy insurer - Answer a person or company that ...

answers Insurance Function Four fundamental principles - Answer 1) risk is unpredictable 2) risk can be predicted with some accuracy in a large group 3) insurance can transfer risk from the individual to group through pooling of resources 4) losses are shared by all members outpatient care - Answer Doesn't require overnight stay incurring room and board costs Ambulatory care similar to community medicine because it serves around the community, convenience, accessibility. Th...

Summary of chapter 2 'Inventory management and risk pooling' of the book Designing and Managing the Supply Chain

Samenvatting van de belangrijkste onderwerpen van Supply Chain Management, Erasmus Universiteit, Rotterdam School of Management.

This summary starts with explaining the market environment in detail. What markets there are, the different financial assets, where can you invest your money, ... After explaining the market environment and its function, you learn about the risk and return principles. This is necessary in order to be able to optimize an asset portfolio. Finally, you will learn how to optimize a portfolio through asset allocation of different risky assets (optimizing the risky portfolio) and the asset allocation...