Estimation of sales of gasoline stations | |
| Author | Jayasinghe, Vajira |
| Call Number | AIT Thesis no. IE-89-06 |
| Subject(s) | Sales forecasting Automobiles--Service stations |
| Note | A thesis submitted in partial fulfillment of the requirements for the degree of Master of Engineering |
| Publisher | Asian Institute of Technology |
| Abstract | Main objective of this study is to identify and assess the relative importance of different factors affecting the sales of gasoline in Bangkok Metropolitan Administration area. Multiple regression is used to analyze data and to formulate models relating to economic and social factors. Variables like population, number of vehicles, employment, gross regional product, average hourly traffic volume, number of gasoline stations, petroleum price, vehicle price were identified as factors that can be used to explain sales variations. Results of the analysis indicate that petroleum price, number of vehicles and population as major factors using which it is possible to explain the sales variations in the selected gasoline stations. Models developed here can be ·used to estimate the sales volume of respective stations for the immediate future. Identification of important factors affecting sales volume and formulation of models which can be used to estimate future sales, will be helpful to the management of petroleum companies who are looking forward to start new sales outlets and to reorganize the existing sales network, amidst fierce competition and government price controls. |
| Year | 1989 |
| Type | Thesis |
| School | School of Engineering and Technology (SET) |
| Department | Department of Industrial Systems Engineering (DISE) |
| Academic Program/FoS | Industrial Engineering (IE) |
| Chairperson(s) | Tang, John C.S.; |
| Examination Committee(s) | Tabucanon, Mario T.;Van Oudheusden, D.L.; |
| Scholarship Donor(s) | Royal Government of Belgium; |
| Degree | Thesis (M.Eng.) - Asian Institute of Technology, 1989 |