Weather-Driven Sales

    1269

    Model how correlated weather variables (temperature and sunshine) affect retail sales, costs, and daily profit. Demonstrates copula correlation and multi-stage cost modeling.

    VARIABLEUntitled
    normal
    Daily temperature (°C)
    temperature
    VARIABLEUntitled
    uniform
    Hours of sunshine
    sunshine
    COPULAUntitled
    2 inputs, ρ = 0.60
    Warm days tend to be sunnier
    temperature
    sunshine
    temperature
    sunshine
    CONSTANTUntitled
    100
    Average daily sales
    base_sales
    FORMULAUntitled
    1 + (temperature - 15) * 0.02 + sunshine * 0.03
    Sales multiplier from weather
    temperature
    sunshine
    weather_boost
    FORMULAUntitled
    base_sales * weather_boost
    Daily sales adjusted for weather
    base_sales
    weather_boost
    total_sales
    OUTPUTUntitled
    Output

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