Business Interruption Value Calculator
This simple BI calculator is used to determines business interruption loss.
Business Interruption(BI) Calculation :
The term business interruption usually describes the disruption of typical operations as a result of a definable event that is beyond the entitys control.
The business interruption formula can be summarized as follow:
BI = T × Q × V
BI = business interruption
T = the number of time units (hours, days) operations are shut down
Q = the quantity of goods normally produced, or sold, per unit of time used in T
V = the value of each unit of production, usually expressed in profit