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Time Series Forecast based on market share (market penetration)

  1. #1
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    Time Series Forecast based on market share (market penetration)

    Hi everyone,

    I have the following exercise:

    A number of car companies in a communist society are producing only one model of a car each. They obviously know their sales, but they don't know if their car is used as sport car, as an adventurous car or as a city car. However, they can get, from a third party company, the market penetration of their car use as Sport car, 4x4 car or City car.

    In other words, they know that in 2010 Q1 company 1 sold 765,000 units and know that the market penetration of that car was: 45% used as sport car, 34% used as 4x4 car, and 37% used as a city car.

    Now, would it be possible to build a model or a time series forecast that predicts sales based on the market penetration for each car?

    Thanks in advance for your help!

    attached file
    time series forecast.xlsx

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    Re: Time Series Forecast based on market share (market penetration)

    You don't even need a spreadsheet to do that because there are no variables
    Last edited by AndyLitch; 02-14-2014 at 12:40 PM.
    Elegant Simplicity............. Not Always

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    Re: Time Series Forecast based on market share (market penetration)

    What do you mean? You can't see the file?

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    Re: Time Series Forecast based on market share (market penetration)

    I still need a bit of help. Thanks in advance!

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    Re: Time Series Forecast based on market share (market penetration)

    This is a way to do it.
    Used Advanced Filter
    Run it using a macro (VBA)
    Did 3 Line Graphs
    Added 3 Trend Lines with 4 period Forecast
    I hope this is what you needed.
    Attached Files Attached Files
    Kind regards,
    Piet Bom

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    Re: Time Series Forecast based on market share (market penetration)

    That's exactly what I wanted.

    Thanks a lot!!!

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