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