Method and apparatus for calculating a return on investment...

Details Method and apparatus for calculating a return on investment... Method and apparatus for calculating a return on investment...

2005-11-08

2005-11-08

Trammell, James P. (Department: 2164)

Data processing: financial, business practice, management, or co

Automated electrical financial or business practice or...

Finance

C705S001100, C705S004000, C705S035000, C700S090000, C702S003000

Reexamination Certificate

active

06963853

ABSTRACT:
A computer-implemented method and system evaluates and displays a return on investment for using weather-related risk-management services. The system includes user interfaces, databases containing information about the accuracy of different forms of weather-related risk-management services and the types and frequency of weather events in different geographical areas, and return on investment functions. The system accepts information about a user's costs of responding to weather warnings and events, retrieves information from its databases and applies the appropriate function to determine a return on investment. The result is then displayed to the user. The method determines the costs of weather-related risks faced by a user under two different risk-management services and compares them, determining a return on investment for the use of one service over the other.

REFERENCES:
patent: 4766539 (1988-08-01), Fox
patent: 5491629 (1996-02-01), Fox et al.
patent: 5796932 (1998-08-01), Fox et al.
patent: 5832456 (1998-11-01), Fox et al.
patent: WO 03/017041 (2002-08-01), None
IBM Technical Disclosure Bullitin NN950183, Jan. 1995.

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