• Title/Summary/Keyword: Passennger demand

Search Result 1, Processing Time 0.015 seconds

A Study on the Demand Forecasting and Efficient Operation of Jeju National Airport using seasonal ARIMA model (계절 ARIMA 모형을 이용한 제주공항 여객 수요예측 및 효율적 운영에 관한 연구)

  • Kim, Kyung-Bum;Hwang, Kyung-Soo
    • Journal of the Korea Academia-Industrial cooperation Society
    • /
    • v.13 no.8
    • /
    • pp.3381-3388
    • /
    • 2012
  • This research is to find out the method appropriate for the forecasting of passennger demand using seasonal ARIMA model and efficient operation in Jeju National Airport. Time series monthly data for the investigation were collected ranging from January 2003 to December 2011. A total of 108 observations were used for data analysis. Research findings showed that the multiplicative seasonal ARIMA(0.1.2)(0.1.1)12 model is appropriate model. The number of passengers in Jeju National Airport will continue to rise, it was expected to surpass 20 million people.