Forecasting in raw materials industry

Forecasting in raw materials industry
545-0158/01
čeština Forecasting in raw materials industry
545-0158/02
čeština Forecasting in raw materials industry
545-0158/03
angličtina Forecasting in raw materials industry
545-0158/04
čeština

Summary

The subject familiarizes with role and significance of forecasting in decision making process and managerial process. There are presented basic terms of forecasting activity and basic groups of prognostic methods. There are mentioned the most renowned global forecasts. Prognostic techniques are applied in raw materials industry, namely for most important so called critical raw materials.

Literature

HYNDMAN, Rob J. and George ATHANASOPOULOS. Forecasting: principles and practice. 2nd edition. Melbourne: OTexts, 2018. ISBN 978-0-9875071-1-2.
ELLIOTT, Graham, Clive William John GRANGER and Allan TIMMERMANN, ed. Handbook of economic forecasting. Volume 1. Amsterdam: Elsevier/North-Holland, 2006.
RUNGE I. C. Mining economics and strategy. Society for Mining, Metallurgy and Exploration, Inc. Littleton, 1998.
CLEMENTS M. P.,HENDRY D. F.(ed.): A Companion to Economic Forecasting. 2004. Wiley Online Library.

Advised literature

EVANS, Michael K. Practical business forecasting [online]. Hoboken: John Wiley & Sons, 2008 [cit. 2017-11-14]. ISBN 978-0-470-75562-4.
DVOŘÁČEK, Jaroslav. Forecasting. VŠB-TU Ostrava, HGF, 2007.
LIU, Lon-Mu. Time series analysis and forecasting. 2nd ed. Villa Park: Scientific Computing Associates, 2006. ISBN 0-9765056-6-5.
MAISEL, Lawrence and Gary COKINS. Predictive business analytics: forward-looking capabilities to improve business performance. Hoboken: Wiley, 2014. ISBN 978-1-118-17556-9.

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Language of instruction	čeština, čeština, angličtina, čeština
Code	545-0158
Abbreviation	PSP
Course title	Forecasting in raw materials industry
Coordinating department	Department of Economics and Control Systems
Course coordinator	prof. Ing. Jaroslav Dvořáček, CSc.