BUS451 BUSINESS FORECASTING
| Course Code: | 3530451 |
| METU Credit (Theoretical-Laboratory hours/week): | 3 (3.00 - 0.00) |
| ECTS Credit: | 6.0 |
| Department: | Business Administration |
| Language of Instruction: | English |
| Level of Study: | Undergraduate |
| Course Coordinator: | Assoc.Prof.Dr. YASEMİN M. UZGÖREN |
| 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, and long-term trend, and measuring cyclical component. Box-Jenkins (ARIMA) forecasting models. Introdution to simulation usage in forecasting. Combining Forecast results and Forecast Implementation are areas covered in the course.