Forecasting in Business

Introduce

Training objectives

• Understand and apply proficiently time series forecasting, smoothing and component analysis methods.
• Practice testing, selecting and evaluating forecasting models (AIC, BIC, accuracy testing).
• Application of modern techniques like ARIMA, regression in forecasting and advanced models.
• Use Minitab and R to build, visualize, and interpret forecasting models in real-world situations.
• Enhance analytical thinking and business forecasting skills, supporting effective strategic decision making.

Object

• People who want to equip and apply forecasting methods in analyzing real business data.
• Specialist, analyst, manager in finance, marketing, supply chain, statistics and operations.
• Member, expert involved in Lean Six Sigma projects, quality management or data-driven strategic planning.

Prerequisites

Program participation does not require any prerequisites and the program welcomes all new members.

Training methods

• Do practical exercises and final presentation
• Study 50% theory and 50% practice in parallel
• Group discussion, presentation
• Simulation games
• Handling the situation
• Coaching

Training form

• ONLINE via Google Meeting platform or
• OFFLINE at 223 Nguyen Xi – Binh Thanh – Ho Chi Minh
• Number of sessions: 6 sessions
• Class time: 18:30-21:30 weekday class, 8:30 – 16:00 weekend class

Business Forecasting.pdf