SYSTEM AND METHOD FOR THE ADVANCED PREDICTION OF WEATHER IMPACT ON MANAGERIAL PLANNING APPLICATIONS

SYSTEM AND METHOD FOR THE ADVANCED PREDICTION OF WEATHER IMPACT ON MANAGERIAL PLANNING APPLICATIONS

A computer-based system (102) and method which incorporates long-range weather forecasts in a predictive model (128) which quantifies historical weather impact relationships between datasets, and uses the long-range weather forecasts to predict future weather impact on managerial plans. The predicti...

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Bibliographische Detailangaben
Hauptverfasser: FOX, FREDERIC D, YOUNG, WILLIAM R, PEARSON, DOUGLAS R, RHOADS, MICHAEL A, FOX, RICHARD J
Format: Patent
Sprache:eng ; fre
Schlagworte:
CALCULATING
COMPUTING
COUNTING
DATA PROCESSING SYSTEMS OR METHODS, SPECIALLY ADAPTED FORADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORYOR FORECASTING PURPOSES
PHYSICS
SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE,COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORY OR FORECASTINGPURPOSES, NOT OTHERWISE PROVIDED FOR
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Zusammenfassung:A computer-based system (102) and method which incorporates long-range weather forecasts in a predictive model (128) which quantifies historical weather impact relationships between datasets, and uses the long-range weather forecasts to predict future weather impact on managerial plans. The predictive model (130) can use multiple regression or a neural network. In retail application, the computer-based system and method has a weather impact predictive model based on correlations of historical weather and point-of-sale store transactions data. The weather impact model is coupled with long range weather forecasts to adjust managerial plans for buying, distribution, financial budgeting, promotional and advertising applications. A graphical user interface provides easy assimilation of analysis for specific managerial planning applications.