Pricing of Non-Life Insurance Products

A medium size Dutch insurance company with third-party car insurance products initiated questions on whether the premium can be based on a statistical analysis where the expected future liabilities are taken into account. These questions are as follows:<br/>• Which statistical models can be used to base the premiums on expected future...

Categorical based feature modeling on a zero inflated performance measure

ASML produces TwinScan NXT machines that are used for the production of microchips. The machines ensure that an accurate pattern of DUV-light passes a lens and that it is projected as accurate as possible on the wafer. To ensure that the focal point of the converged DUV-light falls exactly onto the wafer, the leveling functionality is of great...

Market share modeling in a newly liberalized lowdemand market

In the last decades, the airline industry experienced a tendency towards airspace deregulation. When airspace is liberalized, the airlines in the market have to re-position themselves the market since new airlines are expected to offer flights in the market. More competition asks for optimal revenue management and positioning of the flights so...