Economic benefits of improved meteorological forecasts - The construction industryEstimates are made of the potential economic benefits accruing to particular industries from timely utilization of satellite-derived six-hour weather forecasts, and of economic penalties resulting from failure to utilize such forecasts in day-to-day planning. The cost estimate study is centered on the U.S. construction industry, with results simplified to yes/no 6-hr forecasts on thunderstorm activity and work/no work decisions. Effects of weather elements (thunderstorms, snow and sleet) on various construction operations are indicated. Potential dollar benefits for other industries, including air transportation and other forms of transportation, are diagrammed for comparison. Geosynchronous satellites such as STORMSAT, SEOS, and SMS/GOES are considered as sources of the forecast data.
Document ID
19770028064
Acquisition Source
Legacy CDMS
Document Type
Conference Paper
Authors
Bhattacharyya, R. K. (ECON, Inc. Princeton, NJ, United States)
Greenberg, J. S. (ECON, Inc. Princeton, N.J., United States)