Korean Management Science Review (경영과학)
- Volume 20 Issue 1
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- Pages.103-124
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- 2003
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- 1225-1100(pISSN)
A Study on the Seasonal Adjustment of Time Series for Seasonal New Product Sales
계절상품 판매매출액 시계열의 계절 조정에 관한 연구
Abstract
The seasonal adjustment is an essential process in analyzing the time series of economy and business. There are various methods to adjust seasonal effect such as moving average, extrapolation, smoothing and X11. One of the powerful adjustment methods is X11-ARIMA Model which is popularly used in Korea. This method was delivered from Canada. However, this model has been developed to be appropriate for Canadian and American environment. Therefore, we need to review whether the Xl1-ARIMA Model could be used properly in Korea. In this study, we have applied the method to the annual sales of refrigerator sales in A electronic company. We appreciated the adjustment by result analyzing the time series components such as seasonal component, trend-cycle component, and irregular component, with the proposed method.