A Scale Definition for an Integrated Performance Indicator

Francielly Staudt, Gülgün Alpan (), Maria Di Mascolo () and Carlos Manuel Taboada Rodriguez
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Francielly Staudt: UFSC - Universidade Federal de Santa Catarina = Federal University of Santa Catarina [Florianópolis]
Gülgün Alpan: G-SCOP_GCSP - Gestion et Conduite des Systèmes de Production - G-SCOP - Laboratoire des sciences pour la conception, l'optimisation et la production - Grenoble INP - Institut polytechnique de Grenoble - Grenoble Institute of Technology - CNRS - Centre National de la Recherche Scientifique - UGA [2016-2019] - Université Grenoble Alpes [2016-2019]
Maria Di Mascolo: G-SCOP_GCSP - Gestion et Conduite des Systèmes de Production - G-SCOP - Laboratoire des sciences pour la conception, l'optimisation et la production - Grenoble INP - Institut polytechnique de Grenoble - Grenoble Institute of Technology - CNRS - Centre National de la Recherche Scientifique - UGA [2016-2019] - Université Grenoble Alpes [2016-2019]

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Abstract: Performance measurement system provides information to compare the current results with the present objectives. As the processes have become more complex, more indicators are necessary to assess the performance of individual processes, making harder the managers evaluation of the global performance of the system. One possible solution to help managers in evaluating indicators interrelationships is to aggregate indicators in an integrated measure. However, besides the definition of such an integrated indicator, it is also necessary to define a scale for it to permit interpretation. Thus, this paper demonstrates a methodology to build a scale for an integrated performance indicator using an optimization algorithm to define the scale boundaries. The methodology is applied in a warehouse scenario for illustration.

Keywords: performance evaluation; optimization; scale; integrated indicator (search for similar items in EconPapers)
Date: 2018-07-08
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Published in International Conference on Information Systems, Logistics and Supply Chain (ILS), Jul 2018, Lyon, France

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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-01892086

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