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Techniques quantitatives de gestion (TQG1)
Course teacher(s)
Jérôme Bryssinck (Coordinator)ECTS credits
5
Language(s) of instruction
french
Course content
In this first course of quantitative techniques of management, the use of probabilistic and statistical techniques is introduced in a management framework. The material covers statistics, illustrated by forecasting methods: moving averages, seasonal decomposition, exponential smoothing, simple and multiple regression, ARIMA modelling of time series.
Objectives (and/or specific learning outcomes)
At the end of the course, the students will be able to understand the foundations of the main forecasting methods, to assess if information is well used, to select the most appropriate method to the given economic or social context, to apply them in a critical way by using available software.
Teaching methods and learning activities
Face to face and personal work
References, bibliography, and recommended reading
"Méthodes de prévision à court terme", by G. Mélard, 2007, second edition. A bibliographic list is also given in the course notes.
Other information
Contacts
For more details, see http://homepages.ulb.ac.be/~gmelard/Contenu.htm#GESTS615
Evaluation
Method(s) of evaluation
- Other
Other
A comparative study of forecasting with real management data by means of several methods is required; a report should be written along the instructions (see annex C of the course notes), given and possibly discussed.