Department of Mathematics

Municipal Employees Retirement System

Proposed Project for the MSU Industrial Math Students

Review of Average Daily Balance Calculation for Investment Allocation

At the end of every quarter we need to allocate out investment gains and losses to over 2,000 individual entities based on their average daily balance for that quarter. Our Oracle software has performed this function and spot checks have confirmed that it is working correctly. We would like the database of numbers and dates reviewed for all the 2,000 divisions to confirm that it is doing this correctly for all the divisions

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Department of Mathematics
Michigan State University
619 Red Cedar Road
C212 Wells Hall
East Lansing, MI 48824

Phone: (517) 353-0844
Fax: (517) 432-1562

College of Natural Science