Course syllabus for MIS 515 Forecasting Techniques for Managers
Course description: A pervasive characteristic of management decision making is that it takes place under imperfect knowledge of the future. Consequently, most management decisions are based on a forecast, whether or not formal forecasting techniques are used. The purpose of this course is to discuss the more formal nature of forecasting and its relationship to decisions managers must make. The course will consider classes of forecasting problems with which a manager must cope, the techniques that are available to assist in this effort, and case situations in which forecasting problems are encountered. Pedagogy includes lectures, class discussion, and case problems. Considerable use will be made of Lotus 1-2-3 software to write templates for widely used forecasting techniques and for developing graphs suitable for presentation of results to management audiences. Special purpose statistical and forecasting software will be used for advanced and data intensive applications.
Olson, Charles, "MIS 515 Forecasting Techniques for Managers" (1997). Management Information Systems Syllabi. 220.