A synthetic measure (or synthetic indicator) is a value that is the result of combining other metrics, which are measurements of various features.
Examples
Quality of service
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
Other study[2] proposed to use classical parameters EV, PV and AC to carry out the synthetic measure of project performance.
Rankings of countries
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
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.
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.
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.
External links
Scientific works about synthetic measure on Google Scholar
Undergraduate Texts in Mathematics
Graduate Studies in Mathematics
Hellenica World - Scientific Library
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