Module 8 : The Analysis Of Time Series

EXAMPLE 1


Expected Next year demand Average Sales
( 1100/4)
Seasonal Factor Next Year Forecast
Spring 275 200/250 = 0.8 275 * 0.8 = 220
Summer 275 350/250 = 1.4 275 *1.4 = 385
Fall 275 300/250 = 1.2 275 *1.2 = 330
Winter 275 150/250 = 0.6 275 * 0.6 = 165
       
TOTAL = 1100    
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Prof.S.G.Deshmukh & Prof.Arun Kanda