Monthly data from March 2014 through September 2017 are provided below for the number of lunches served

Question:

Monthly data from March 2014 through September 2017 are provided below for the number of lunches served in public schools. You are charged with making a 12-month forecast of the meals to be served. Begin by plotting the data and examining it for the patterns of trend and seasonality.

Month

Meals Served


Month

Meals Served

Mar-14

108,371,749


Jan-16

98,887,496

Apr-14

99,199,094


Feb-16

96,477,065

May-14

92,195,689


Mar-16

114,094,756

Jun-14

81,447,374


Apr-16

96,093,092

Jul-14

72,792,981


May-16

107,527,897

Aug-14

78,931,911


Jun-16

87,135,336

Sep-14

89,982,843


Jul-16

72,397,374

Oct-14

96,761,533


Aug-16

88,657,480

Nov-14

92,772,827


Sep-16

94,566,627

Dec-14

83,103,478


Oct-16

106,889,806

Jan-15

93,109,115


Nov-16

97,638,605

Feb-15

93,267,674


Dec-16

83,280,944

Mar-15

105,290,897


Jan-17

102,522,133

Apr-15

103,625,467


Feb-17

95,537,211

May-15

100,549,323


Mar-17

111,462,237

Jun-15

85,155,854


Apr-17

103,542,365

Jul-15

71,406,448


May-17

111,242,080

Aug-15

85,623,392


Jun-17

85,765,747

Sep-15

94,828,432


Jul-17

78,943,762

Oct-15

97,917,922


Aug-17

89,965,185

Nov-15

95,753,418


Sep-17

92,934,809

Dec-15

83,145,194




Choose an appropriate model for the data and forecast for the next 12 months.

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Related Book For  book-img-for-question

Forecasting And Predictive Analytics With Forecast X

ISBN: 1860

7th Edition

Authors: J. Holton Wilson, Barry Keating

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