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Simulation of Factors Affecting The Optimization of Financing Fund for Property Damage Repair on Building Housing Caused by The Flood Disaster (Literature Review)

Simulation of Factors Affecting The Optimization of Financing Fund for Property Damage Repair on Building Housing Caused by The Flood Disaster (Literature Review)
Pramono Sidi, Ismail Bin Mohd, Wan Muhamad Amir Wan Ahmad, Sudradjat Supian, Sukono, Lusiana
Universitas Padjadjaran, Proceedings of the International Conference on Mathematical and Computer Sciences Jatinangor, October 23rd-24th , 2013
Bahasa Inggris
Universitas Padjadjaran, Proceedings of the International Conference on Mathematical and Computer Sciences Jatinangor, October 23rd-24th , 2013
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Natural disasters, such as floods are one cause of property damage in residential buildings that cannot be avoided, because it cannot know when it happened. This leads to the risk that financing should be optimized. In this paper, optimization is performed on a combination of three methods of financing funds (insurance, credit, and savings). Optimization is made under conditions to ensure a comprehensive loss of damage to property on the residential buildings. Simulation is done to see the effect of changes in the factors that influence the optimization value of property, amount of debt, and the future value annuity. As a result, the value of the loss ratio and the cost ratio is numerically shown in the table, and in graphical form in three different situations.

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