BA4511 BUSINESS FORECASTING
| Course Code: |
3124511 |
| 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: |
Prof.Dr. RAMAZAN SARI |
| Offered Semester: |
Fall Semesters. |
| Prerequisite: |
Set 1: 2460252
Set 2: 3121502
Set 3: 3125501
Set 4: 3160152 |
| One of the sets above should be completed before taking
BA4511 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.
