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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