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Wind.X Team
Laura Silver: Meteorology Expert
● Winter Storms
● Hurricanes, though rare in this region
● The importance of short range v. long range forecasts
● Uncertainty surrounding the weather, but how we limit it
Weather: Winter Storms
Given the store our index is targeted at is located in State college, PA, They are at risk
for winter weather that can produce hazardous conditions for the store.
https://www.google.com/search?q=winter+stor
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Weather: Winter Storms
Negatives: Winter storms can obviously affect both travel and business
during the event of the storm. Knowing when to close is important to make
sure Weis doesnt lose out on profit.
If road conditions are expected to be bad, most people will avoid traveling
during the storm. (Hence why they stocked up on supplies in days previous).
At this point, it may be better for Weis to close, as they may lose money in
things like lighting the store, heat, paying employees, etc. as compared to
sales they will make.
● Long Range Forecasts (7-10) days out are important for big winter and
tropical storms so that Weis has adequate time to stock up on supplies.
Example:
Uncertainty in
winter storm
forecasts.
https://www.google.com/search
?q=forecast+error+improving&s
ource=lnms&tbm=isch&sa=X&v
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Weather: Limiting Error
We can we trusted to give an
accurate forecast, however, as
they are always improving.
Technology advances and more
computer power over time give
way to better models, as well as
better things such as satellites
that give better initial conditions
for models.
Operating Costs
Food Spoilage
Transportation
Advertising
Store Closings
Business and Industry
Overall Potential Savings in 2017 without our index: $10,566
Created by using our formulated weather forecast for your area and
running it through our program to determine the impacts weather
could have on your store and business and assigns it a color.
Index uses a color scale to show the scale of the impacts that are to come
so decision making and saving money can be made easier!
The color Scale
Application to computers
Home screen
Short Range
Long Range
Transportation Index
Hazardous Weather Outlook Index
$50,500
Sources Cited
● Borenstein, Seth. “Weather Forecasts Have Gotten Better, Believe It or Not.” Lehigh Valley Business Cycle, 19 Mar. 2019,
www.mcall.com/business/mc-weather-forecasts-improvement-20170602-story.html.
● Center, National Hurricane. “National Hurricane Center.” National Hurricane Center, 1 Jan. 2001, www.nhc.noaa.gov/.
● “National Oceanic and Atmospheric Administration.” National Oceanic and Atmospheric Administration, www.noaa.gov/.
● WEIS MARKETS, INC 2017 ANNUAL REPORT ON FORM 10-K,
www.sec.gov/Archives/edgar/data/105418/000010541818000006/wmk-20171230x10k.htm.
● Storm Advisory Watch - Most Weis Markets' Stores Have Closed Due to Weather-Will Reopen on Sunday at 9AM. | Weis
Markets,
www.weismarkets.com/storm-advisory-watch-most-weis-markets-stores-have-closed-due-weather-will-reopen-sunday-9am.
● https://www.upcounsel.com/examples-of-contracts