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A1 Inc. has $1 million in assets at a job site and, applying a risk transfer approach, wishes to address risk by taking out an insurance policy. The insurance carrier provided its statistical data in the table below. Based on that data and assuming an agreed upon $450 fee for handling and profit for the carrier, what should A1 consider a fair price for the insurance policy?
Equipment Value $ 1,000,000 Type Damage Probability (%) Extent of Loss (%) Total 0.02% 100% Medium 0.08% 40% Low 0.10% 20% No Damage 99.80% 0%
Explain the graphical method of solving Linear Programming Problem
Consider how these 10 Golden Rules apply to all projects and apply three of them to your project.
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In 1964 who was the first non royal to appear on a UK stamp
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