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Based on the following data,a forecaster used simple exponential smoothing and determined the following: S0 = 19,S1 = 18.6,S2 = 19.08,S3 = 19.064,S4 = 19.851 and S5 = 19.481. Calculate the Mean Squared Deviation (MSD or MSE) .
Virtual Organization
A company that operates online, often relying on a network of remote workers or partners, without a physical presence or traditional office space.
Organization's Design
The deliberate process of configuring structures, processes, reward systems, and people practices to create an effective organization capable of achieving the business strategy.
Information Flow
The movement or transmission of data, knowledge, or communication within a system or between entities.
Decision Making
The process of making choices by identifying a decision, gathering information, and assessing alternative resolutions.
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