Undergraduate
Faculty of Economic and Administrative Sciences
Business Administration
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Forecasting Techniques

Course CodeSemester Course Name LE/RC/LA Course Type Language of Instruction ECTS
ISL0033 Forecasting Techniques 2/0/0 DE Turkish 4
Course Goals
 Understanding how to choose through different forecasting methods, to calculate forecasting errors, to learn the relation between forecasting and overall production planning.  
Prerequisite(s) Course Code Course Name…
Corequisite(s) Course Code Course Name…
Special Requisite(s) The minimum qualifications that are expected from the students who want to attend the course.(Examples: Foreign language level, attendance, known theoretical pre-qualifications, etc.)
Instructor(s) Assoc. Prof. Murat Taha Bilişik
Course Assistant(s)
Schedule Tuesday 15.00-17.00, A-502
Office Hour(s) Tuesday 17.00-18.00
Teaching Methods and Techniques -Verbal Explain
Principle Sources -Üretim Planlama ve Kontrol, Gönül Yenersoy,  
Other Sources -
Course Schedules
Week Contents Learning Methods
1. Week Introduction to Forecasting Presentation
2. Week Importance of Forecasting Presentation
3. Week Introduction to Forecasting Methods Presentation
4. Week Qualitative Methods Presentation
5. Week Delphi Method Presentation
6. Week Quantitative Methods Presentation
7. Week Stationary Forecasting Methods Presentation
8. Week Stationary Forecasting Methods Presentation
9. Week Trend in Forecasting Presentation
10. Week Seasonality in Forecasting Presentation
11. Week Trend and Seasonality Together In Forecasting Presentation
12. Week Forecasting Error Presentation
13. Week Measuring Forecasting Error Presentation
14. Week Tracking Signal Presentation
15. Week Final Exam
16. Week Final Exam
17. Week Final Exam
Assessments
Evaluation tools Quantity Weight(%)
Midterm(s) 1 40
Final Exam 1 60


Program Outcomes
PO-1Demonstrates a basic level of understanding in related disciplines (such as economics, sociology, psychology, quantitative sciences, etc.) that form a foundation for business administration, and makes use of and applies them to the field of business.
PO-2Applies mathematical, scientific and social knowledge to business problems.
PO-3Demonstrates a basic level of understanding in business functions and management (such as management, production, marketing, accounting, finance, human resources, behavioural sciences, etc.) and interprets the theoretical arguments focusing on interactions between the actors and the cultures in the field.
PO-4Determines how to use acquired theoretical and practical knowledge and skills related to business in application and field analysis and applies them.
PO-5Identifies and evaluates the relations in the field of business; describes the problems and presents analytical solutions through modelling and interpreting (critical thinking).
PO-6Designs a business process in any functional stage that complies with identified objectives.
PO-7Develops effective business communication skills (written-verbal/formal-informal).
PO-8 Owns effective working skills individually or on a team in business and multidisciplinary fields.
PO-9Acts with a sense of professional and ethical responsibility.
PO-10Improves effective verbal and written communication skills in Turkish, and acquires competence in minimum one foreign language.
Learning Outcomes
LO-1Stationary demand methods
LO-2Forecasting methods for increasing and decreasing demand.
LO-3Seasonal demand forecasting methods
LO-4Calculating forecast errors
LO-5Understanding complex forecasting methods
Course Assessment Matrix:
Program Outcomes - Learning Outcomes Matrix
 PO 1PO 2PO 3PO 4PO 5PO 6PO 7PO 8PO 9PO 10