What Is the Mean Absolute Deviation of the Following Forecasts

question 56

Multiple Choice

What is the mean absolute deviation of the following forecasts?

• A) 3174
• B) 164
• C) 41
• D) 136
• E) -34

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Definitions:

Complexity

The state or quality of being intricate or complicated, often relating to systems, organizations, or situations with multiple interconnected parts.

Divide Labour

Division of labor refers to the allocation of different tasks, roles, or responsibilities to different individuals or groups in order to improve efficiency and productivity in a workplace or economic system.

Mechanistic Structures

Organizational forms characterized by rigid hierarchies, high levels of formalization, and a narrow span of control.

Organic Structures

Organic structures in organizations are flexible and decentralized forms of operation that allow for free flow of information and are adaptive to changes, encouraging innovation and collaboration.