Time Series Analysis of the monthly sales· volume of Nigerian Bottling Company's Product "Coke A Case Study Nigerian Bottling Company Plc Umuahia Depot Km 3 Okigwe Road Umuahia Abia State
ABSTRACT
The desire to carry out this research work was
motivated by the inherent ;easonal variation in the sales of product of
bottling companies. The objective is to identify the model that suits the
series and forecast future 3ales. A secondary data was collected on monthly
sales of Coke from 2003 I 'o 2010 from Nigerian Bottling Company. Box Jekins
method of time series analysis was applied using a statistical software
Minitab. ARIMA 211 was found to suit the data after chi square test of model
adequate has been ~sed to confirm the model. A 24 months forecast was made and
it was observed that the sales of the product (Coke) is declining. The company
Nas advice to rebrand and advertise the product.
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GABRIEL, A (2022). Time Series Analysis of the monthly sales· volume of Nigerian Bottling Company's Product "Coke A Case Study Nigerian Bottling Company Plc Umuahia Depot Km 3 Okigwe Road Umuahia Abia State. Mouau.afribary.org: Retrieved Nov 17, 2024, from https://repository.mouau.edu.ng/work/view/time-series-analysis-of-the-monthly-sales-volume-of-nigerian-bottling-companys-product-coke-a-case-study-nigerian-bottling-company-plc-umuahia-depot-km-3-okigwe-road-umuahia-abia-state-7-2
ANEZICHI, GABRIEL. "Time Series Analysis of the monthly sales· volume of Nigerian Bottling Company's Product "Coke A Case Study Nigerian Bottling Company Plc Umuahia Depot Km 3 Okigwe Road Umuahia Abia State" Mouau.afribary.org. Mouau.afribary.org, 16 Dec. 2022, https://repository.mouau.edu.ng/work/view/time-series-analysis-of-the-monthly-sales-volume-of-nigerian-bottling-companys-product-coke-a-case-study-nigerian-bottling-company-plc-umuahia-depot-km-3-okigwe-road-umuahia-abia-state-7-2. Accessed 17 Nov. 2024.
ANEZICHI, GABRIEL. "Time Series Analysis of the monthly sales· volume of Nigerian Bottling Company's Product "Coke A Case Study Nigerian Bottling Company Plc Umuahia Depot Km 3 Okigwe Road Umuahia Abia State". Mouau.afribary.org, Mouau.afribary.org, 16 Dec. 2022. Web. 17 Nov. 2024. < https://repository.mouau.edu.ng/work/view/time-series-analysis-of-the-monthly-sales-volume-of-nigerian-bottling-companys-product-coke-a-case-study-nigerian-bottling-company-plc-umuahia-depot-km-3-okigwe-road-umuahia-abia-state-7-2 >.
ANEZICHI, GABRIEL. "Time Series Analysis of the monthly sales· volume of Nigerian Bottling Company's Product "Coke A Case Study Nigerian Bottling Company Plc Umuahia Depot Km 3 Okigwe Road Umuahia Abia State" Mouau.afribary.org (2022). Accessed 17 Nov. 2024. https://repository.mouau.edu.ng/work/view/time-series-analysis-of-the-monthly-sales-volume-of-nigerian-bottling-companys-product-coke-a-case-study-nigerian-bottling-company-plc-umuahia-depot-km-3-okigwe-road-umuahia-abia-state-7-2