Losses due to weather phenomena in the bituminous concrete construction industry in Wisconsin
The losses (costs) due to weather phenomena as they affect the bituminous concrete industry in Wisconsin were studied. The bituminous concrete industry's response to precipitation, in the form of rain, is identified through the use of a model, albeit crude, which identifies a typical industry decision-response mechanism. Using this mechanism, historical weather data and 1969 construction activity, dollar losses resulting from rain occurrences were developed.