545-0158/02 – Forecasting in raw materials industry (PSP)
Gurantor department | Department of Economics and Control Systems | Credits | 4 |
Subject guarantor | prof. Ing. Jaroslav Dvořáček, CSc. | Subject version guarantor | prof. Ing. Jaroslav Dvořáček, CSc. |
Study level | undergraduate or graduate | Requirement | Compulsory |
Year | 3 | Semester | summer |
| | Study language | Czech |
Year of introduction | 2020/2021 | Year of cancellation | |
Intended for the faculties | HGF | Intended for study types | Bachelor |
Subject aims expressed by acquired skills and competences
Selection of prognostic techniques and their application in the field of managerial and planning activities. Knowledge of basic prognostic methods and their use on company level. Skill concerning analysis of economic indicators development.
Teaching methods
Lectures
Tutorials
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.
Compulsory literature:
Recommended literature:
Way of continuous check of knowledge in the course of semester
Working out of assigned examples in the field of forecasting. Oral examination.
E-learning
Learning management system Moodle (lms.vsb.cz).
Other requirements
Working out of assigned computing programmes.
Prerequisities
Subject has no prerequisities.
Co-requisities
Subject has no co-requisities.
Subject syllabus:
1. Task of forecasting activity.
2. Possibility of forecasting.
3. Forecasting and decision making process.
4. Forecast as starting point of strategic decisions, specification in the
field of raw materials.
5. Forecasts classification.
6. Methods of forecasting.
7. Methods of forecasting based on analogy.
8. Methods of forecasting based on information of experts.
9. Methods of forecasting based on prolongation.
10. Methods of forecasting based on system approach.
11. Forecasts of Rome club.
12. Global forecasts in the field of raw material sources.
13. Prediction of production, consumption and price development of selected raw materials.
Conditions for subject completion
Occurrence in study plans
Occurrence in special blocks
Assessment of instruction
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