First Week:
1. Approach, Methods, and Types of Forecasting
Estimation and forecasting
Time series noise
Causal forecasting
Projective forecasting
Sales forecasting techniques
2. Naive Forecasting Models
Pluses and minuses
Moving averages
Exponential smoothing
Adjusting for trends
3. Linear Regression Analysis
Purpose and application
Simple linear regression
Multiple regression analysis
Multicollinearity
Case study: Regression analysis with Excel
Second Week:
4. Time Series
Time series components
Trend analysis
Non-linear trends
Times series decomposition
Seasonal indices setting
Deseasonalization
Least squares equation
Forecasting by quarter
5. Forecasting without Data and Indirect Methods
The ATAR model
Growth forecasting
Constant growth – linear model
Constant percent growth – exponential model
Modified exponential growth
Logistical growth
Selecting the right model
The Markov Model
Indirect methods
Indicators
Input-output analysis
Market research
Econometric forecasting
6. Evaluating Forecasts
The price of forecast errors
Checklist
Measures of forecast accuracy
U-statistics
Turning point errors
Control of forecasts
Control charts
Test
|