- Major tools and equipment hire company.
- To develop a model to forecast company sales by product group.
- To develop a model to forecast construction output by sector.
How we met the objectives
- Developed causal forecasting model which linked various economic and construction variables to construction output in each sector.
- Developed sales forecasting model for client based mainly on construction output forecasts developed in the previous step.
Benefits for the client
- Both models used as key inputs to budgeting process.
- Models used to test a series of “what if” scenarios.