Seasonally adjusted trend forecast estimates

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Reference no: EM13990609

Hillstone SA manufactures and sells tyres to the passenger vehicle market in southern Africa. The quarterly sales (in 1 000s of units) are shown in the table below. The marketing department wishes to apply time series analysis to estimate future quarterly passenger vehicle tyre sales for 2012 and 2013.

Year	Quarter	Tyressold
2005	Jan-Mar	64 876
	Apr-Jun	58 987
	Jul-Sep	54 621
	Oct-Dec	62 345
2006	Jan-Mar	68 746
	Apr-Jun	66 573
	Jul-Sep	60 927
	Oct-Dec	71 234
2007	Jan-Mar	78 788
	Apr-Jun	71 237
	Jul-Sep	68 098
	Oct-Dec	74 444
2008	Jan-Mar	77 659
	Apr-Jun	76 452
	Jul-Sep	73 456
	Oct-Dec	78 908
2009	Jan-Mar	84 563
	Apr-Jun	81 243
	Jul-Sep	74 878
	Oct-Dec	86 756
2010	Jan-Mar	91 556
	Apr-Jun	85 058
	Jul-Sep	77 035
	Oct-Dec	80 145
2011	Jan-Mar	102 923
2011	Apr-Jun	96 456

(a) Use Excel to develop a time series model that Hillstone can use to prepare seasonally adjusted trend forecasts of passenger vehicle tyre sales on a quarterly basis.

(b) Prepare seasonally adjusted trend forecast estimates for 2012 and 2013 on a quarterly basis.

Reference no: EM13990609

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