Abstract
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.
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More From: Journal of the Korea Academia-Industrial cooperation Society
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