System and method for the advanced prediction of weather impact

Boots – shoes – and leggings

Patent

Rate now

  [ 0.00 ] – not rated yet Voters 0   Comments 0

Details

395923, 395925, G06F 1760

Patent

active

055218130

ABSTRACT:
A computer-based system and method which incorporates long-range weather forecasts in a predictive model 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 can use multiple regression or a neural network. In a 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.

REFERENCES:
patent: 4015366 (1977-04-01), Hall, III
patent: 4218755 (1980-08-01), Root
patent: 4766539 (1988-08-01), Fox
patent: 5063506 (1991-11-01), Brockwell et al.
patent: 5128861 (1992-07-01), Kagami et al.
patent: 5140523 (1992-08-01), Frankel et al.
patent: 5168445 (1992-12-01), Kawashima et al.
patent: 5189606 (1993-02-01), Burns et al.
patent: 5237496 (1993-08-01), Kagami et al.
patent: 5253165 (1993-10-01), Leiseca et al.
"Down to Earth Sales Analysis 3.1", Business Software Database.TM., Aug. 18, 1993, available in DIALOG, File No. 256.
"IMREX Demand Forecasting System", Business Software Database.TM., Aug. 18, 1993, available in DIALOG, File No. 256.
"Demand Modeling & Forecasting System", Business Software Database.TM., Aug. 18, 1993, available in DIALOG, File No. 256.
Brennan, "Portfolio Managers Weather Global Risk Management Challenge", Wall Street Computer Review 7(1):20 (1989).
Best et al., "Air Weather Service Model Output Statistics Systems", USAF Air Weather Serive, NTIS, AD-A139129 (1983).
Cave, "Weather Service Is a Boon To System Dispatchers", Transmission & Distribution 43(8):165-169 (1991).
Hurrell, "The Weather Business", Intercity, pp. 29-32, Feb. (1991).
The Met Office, "The Weather Initiative", Berkshire England.

LandOfFree

Say what you really think

Search LandOfFree.com for the USA inventors and patents. Rate them and share your experience with other people.

Rating

System and method for the advanced prediction of weather impact does not yet have a rating. At this time, there are no reviews or comments for this patent.

If you have personal experience with System and method for the advanced prediction of weather impact , we encourage you to share that experience with our LandOfFree.com community. Your opinion is very important and System and method for the advanced prediction of weather impact will most certainly appreciate the feedback.

Rate now

     

Profile ID: LFUS-PAI-O-791840

  Search
All data on this website is collected from public sources. Our data reflects the most accurate information available at the time of publication.