BA5511 BUSINESS FORECASTING

Course Code:3125511
METU Credit (Theoretical-Laboratory hours/week):3 (3.00 - 0.00)
ECTS Credit:8.0
Department:Business Administration
Language of Instruction:English
Level of Study:Graduate
Course Coordinator:Prof.Dr. RAMAZAN SARI
Offered Semester:Fall Semesters.

Course Objectives


Course Content

Introduction to quantitative and subjective forecasting methods. Evaluating forecast accuracy. Smoothing methods: Simple, Holt s and Winters exponential smoothing techniques. Forecasting with Regression Methods: Forecasting with simple linear trend, using casual regression models, and forecasting with Multiple regression models. Time-series Decomposition models. Finding seasonal indexes, the long-term trend, and measuring cyclical component. Box-Jenkins (ARIMA) forecasting models. Introduction to simulation usage in forecasting. Combining Forecast results and Forecast Implementation are areas covered in the course


Course Learning Outcomes