Trends in Management

In: Business and Management

Submitted By Georgezzi
Words 1130
Pages 5
Part 1: Expected future seminar participants for the next four seasons
HR Inc. is considering expansion and intends to base its decision on analysis of historical trend in seminar participant numbers. First and foremost, we shall look at the participants’ data for the previous periods, and identify the general trend in terms of any increases or decreases in number of participants over time.
We can use quantitative forecasting methods to forecast the future expected class sizes, since we have past data on class sizes. We shall also assume that the past pattern will continue in the future and therefore use the time series forecasting method.

Year | Quarter | Time period | Pax | Moving Total | Moving Average | Seasonal Index (Actual/ MA) | 2003 | Jan - Mar | 1 | 35 | | | | | Apr - Jun | 2 | 44 | | | | | Jul - Sep | 3 | 54 | | | | | Oct - Dec | 4 | 49 | | | | 2004 | Jan - Mar | 5 | 68 | 182 | 45.50 | 1.49 | | Apr - Jun | 6 | 61 | 215 | 53.75 | 1.13 | | Jul - Sep | 7 | 61 | 232 | 58.00 | 1.05 | | Oct - Dec | 8 | 75 | 239 | 59.75 | 1.26 | 2005 | Jan - Mar | 9 | 70 | 265 | 66.25 | 1.06 | | Apr - Jun | 10 | 62 | 267 | 66.75 | 0.93 | | Jul - Sep | 11 | 70 | 268 | 67.00 | 1.04 | | Oct - Dec | 12 | 74 | 277 | 69.25 | 1.07 | 2006 | Jan - Mar | 13 | 64 | 276 | 69.00 | 0.93 | | Apr - Jun | 14 | 72 | 270 | 67.50 | 1.07 | | Jul - Sep | 15 | 76 | 280 | 70.00 | 1.09 | | Oct - Dec | 16 | 72 | 286 | 71.50 | 1.01 | 2007 | Jan - Mar | 17 | 73 | 284 | 71.00 | 1.03 | | Apr - Jun | 18 | 62 | 293 | 73.25 | 0.85 | | Jul - Sep | 19 | 85 | 283 | 70.75 | 1.20 | | Oct - Dec | 20 | 72 | 292 | 73.00 | 0.99 | 2008 | Jan - Mar | 21 | 89 | 292 | 73.00 | 1.22 | | Apr - Jun | 22 | 66 | 308 | 77.00 | 0.86 | | Jul - Sep | 23 | 82 | 312 | 78.00 | 1.05 | | Oct - Dec | 24 | 92 | 309 | 77.25 | 1.19 | 2009 | Jan - Mar | 25 |…...

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