Academic Catalog

IE461 FORECASTING METHODS

Course Code:	5680461
METU Credit (Theoretical-Laboratory hours/week):	3(3-0)
ECTS Credit:	5.0
Department:	Industrial Engineering
Language of Instruction:	English
Level of Study:	Undergraduate
Course Coordinator:	Prof.Dr. CEM ÝYÝGÜN
Offered Semester:	Fall or Spring Semesters.
Prerequisite:	Set 1: 5680266 Set 2: 5680363
One of the sets above should be completed before taking IE461 FORECASTING METHODS.

Course Content

An overview of forecasting. Available methodologies, comparing individual methodologies, selecting a methodology and designing a forecasting system that fits the specific management - decision making requirements of the organization. Smoothing techniques, adaptive filtering, simple and multiple regression and correlation analysis, time series forecasting, Box-Jenkins methods, Input-Output and Econometric models.