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Measuring information volatility in a health care information supply chain

Published: 07 May 2009 Publication History

Abstract

We propose a measure of reliability called information volatility (IV) to complement Business Intelligence tools when considering aggregated data or when observing trends. Two types of information volatility are defined: intra-cell and inter-cell. For each, two types of distributions are considered: normal and lognormal, which is often the case for time series data. The IV measures are based on similar measures found in the finance literature, since there are similarities in the types of data. In order to understand the information volatility metrics, the notion of benchmarking is introduced with three propositions: numerical benchmarking, graphical benchmarking and categorical benchmarking. The IV metric is designed and evaluated using the design science research paradigm: first, the metric is developed and then it is evaluated through the use of focus groups (including several cycles for refinement of the design). The paper concludes with our research contributions and future research directions.

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Cited By

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  • (2022)Bibliometric Analysis of Supply Chain DigitalizationHandbook of Research on Digital Transformation Management and Tools10.4018/978-1-7998-9764-4.ch023(489-530)Online publication date: 30-Jun-2022
  • (2010)Artifact types in information systems design science – a literature reviewProceedings of the 5th international conference on Global Perspectives on Design Science Research10.1007/978-3-642-13335-0_6(77-92)Online publication date: 4-Jun-2010

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cover image ACM Other conferences
DESRIST '09: Proceedings of the 4th International Conference on Design Science Research in Information Systems and Technology
May 2009
288 pages
ISBN:9781605584089
DOI:10.1145/1555619
Permission to make digital or hard copies of all or part of this work for personal or classroom use is granted without fee provided that copies are not made or distributed for profit or commercial advantage and that copies bear this notice and the full citation on the first page. Copyrights for components of this work owned by others than ACM must be honored. Abstracting with credit is permitted. To copy otherwise, or republish, to post on servers or to redistribute to lists, requires prior specific permission and/or a fee. Request permissions from [email protected]

Sponsors

  • Business & Information Systems Engineering (BISE)
  • Drexel University
  • Georgia State University
  • Pennsylvania State University
  • Claremont Graduate University
  • Temple University
  • Computer Aid, Inc. (CAI)
  • Case Western Reserve Univ.: Case Western Reserve University

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Association for Computing Machinery

New York, NY, United States

Publication History

Published: 07 May 2009

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Author Tags

  1. business intelligence
  2. decision science research
  3. decision support systems
  4. focus groups
  5. information volatility
  6. metrics

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DESRIST '09
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  • Case Western Reserve Univ.

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Cited By

View all
  • (2022)Bibliometric Analysis of Supply Chain DigitalizationHandbook of Research on Digital Transformation Management and Tools10.4018/978-1-7998-9764-4.ch023(489-530)Online publication date: 30-Jun-2022
  • (2010)Artifact types in information systems design science – a literature reviewProceedings of the 5th international conference on Global Perspectives on Design Science Research10.1007/978-3-642-13335-0_6(77-92)Online publication date: 4-Jun-2010

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