Academic Catalog

BA5511 BUSINESS FORECASTING

Course Code: 3125511
METU Credit (Theoretical-Laboratory hours/week): 3(3-0)
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.
Prerequisite: Set 1: 3125501
The course set above should be completed before taking BA5511 BUSINESS FORECASTING .

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