It appears from the comments from both examiners that they wanted more on how the coffee offers satisfy the environmental policy from my Q1 submission.
It's funny how people are denied from qualifying as actuaries on such a basis when environmental considerations and expertise is not something we do. This exam was supposed to be an actuarial topic and our communication of it to non-actuaries. Who is to say that an excess of unused coffee machines or capsules would cause any kind of environmental problem anyway ?! Oh they said don't assume resale or give unused to others but nothing said about the recycling possibilities of these items etc. Then they contradict themselves in the examiners report saying proposal 3 would satisfy high end users in terms of environmental policy but not low or medium... erm sorry but that's not necessarily the case as they've just stated they would like a spare machine should the original break down...not that this has ANYTHING to do with ACTUARY!
Scandalous examination paper. Seriously, shouldn't an actuary say "I am not equipped to comment on the environmental impact of these options since I am an actuary and not a bloody environmentalist!"
Last edited by a moderator: Mar 2, 2017