Examlex
Consider the following data and calculate S1 using simple exponential smoothing and α = 0.3.
Systems Perspective
An analytical viewpoint focused on understanding the complexities and dynamics of the whole system rather than concentrating on its individual components.
Chaos Theory
Chaos theory deals with complex systems whose behavior appears random or unpredictable, emphasizing the sensitivity of such systems to initial conditions.
Organizational Learning
A process of creating, retaining, and transferring knowledge within an organization to improve performance and competitiveness.
Feedback
Information given to a person or system about their performance or behavior for the purpose of improvement.
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