BUS451 BUSINESS FORECASTING
| Course Code: |
3530451 |
| METU Credit (Theoretical-Laboratory hours/week): |
3(3-0) |
| ECTS Credit: |
6.0 |
| Department: |
Business Administration |
| Language of Instruction: |
English |
| Level of Study: |
Undergraduate |
| Course Coordinator: |
Assoc.Prof.Dr. YASEMÝN M. UZGÖREN |
| Offered Semester: |
Fall Semesters. |
| Prerequisite: |
Set 1: 3530152
|
| The course set above should be completed before taking
BUS451 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, 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.
