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Synthetic measure - Wikipedia

A synthetic measure (or synthetic indicator) is a value that is the result of combining other metrics, which are measurements of various features.

Examples

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Quality of service

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There is a method to measure quality of service in hotels. In related study [1] authors aggregate tourist opinions, measured on a scale from 1 to 10. Synthetic measure (indicator) of service quality in each hotel is calculated with the help of the aggregation operator.

Project performance

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Other study[2] proposed to use classical parameters EV, PV and AC to carry out the synthetic measure of project performance.

Rankings of countries

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Different normalized stimulants and destimulants were used in research[3] to create synthetic measure that selects countries with the best and the worst levels of implementation of Europe 2020 targets.

References

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  1. ^ Ban, Olimpia (2008). "Synthetic Measure of the Quality of Service Taking into Account the Client's Perspective in the Hotel Industry". Economia Aziendale Online. 1: No 1 (2008): Issue 1/2008. doi:10.13132/2038-5498/2008.1.1-7.
  2. ^ Certa, Antonella; Enea, Mario; Giallanza, Antonio (2009-12-04). "A Synthetic Measure for the Assessment of the Project Performance". Business Performance Measurement and Management. pp. 167–180. doi:10.1007/978-3-642-04800-5_11. ISBN 978-3-642-04799-2.
  3. ^ Balcerzak, Adam P. (2009-12-04). "Europe 2020 strategy and structural diversity between old and new member states. application of zero unitarization method for dynamic analysis in the years". Economics & Sociology. 8 (2): 190–210. doi:10.14254/2071-789X.2015/8-2/14. ProQuest 1717432597.
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