Benchmarks (computing)
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Benchmarks (computing)
Benchmark may refer to: Business and economics * Benchmarking, evaluating performance within organizations * Benchmark price * Benchmark (crude oil), oil-specific practices Science and technology * Experimental benchmarking, the act of defining an experimental reference system to compare the accuracy of other non-experimental scientific methods * Benchmark (surveying), a point of known elevation marked for the purpose of surveying * Benchmarking (geolocating), an activity involving finding benchmarks * Benchmark (computing), the result of running a computer program to assess performance * Benchmark, a best-performing, or gold standard (test), gold standard test in medicine and statistics Companies * Benchmark Electronics, an electronics manufacturer * Benchmark (venture capital firm), a venture capital firm * Benchmark Recordings, a music label with CDs by the Fabulous Thunderbirds and Mike Bloomfield Other uses * Benchmarking (journal), ''Benchmarking'' (journal), a bimonthly p ...
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Benchmarking
Benchmarking is the practice of comparing business processes and performance metrics to industry bests and best practices from other companies. Dimensions typically measured are Project management triangle, quality, time and cost. Benchmarking is used to measure performance using a specific Performance indicator, indicator (cost per unit of measure, productivity per unit of measure, cycle time of x per unit of measure or defects per unit of measure) resulting in a metric of performance that is then compared to others. Also referred to as "best practice benchmarking" or "process benchmarking", this process is used in management in which organizations evaluate various aspects of their processes in relation to best-practice companies' processes, usually within a peer group defined for the purposes of comparison. This then allows organizations to develop plans on how to make improvements or adapt specific best practices, usually with the aim of increasing some aspect of performance. B ...
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Benchmark Price
Benchmark price (BP) is the price per unit of quantity in a specific segment of the international marketplace, set by the country or producers' organization that consistently exports the largest quantity or volume in a marketplace such as the London Metal Exchange. This price is set periodically, usually monthly and serves as a guideline for international trade. The term "benchmark" can be applied to many aspects of public concern, such as quality, services, attitudes and others, denoting the highest standards achieved in such spheres. For example, a school or university could be cited as setting the benchmark for education. A hotel could be cited as setting the benchmark for quality of service. The phrase "international benchmark price", however, is synonymous with prices of commodities in international trade. An example is the benchmark prices that apply to crude oil in the international marketplace. It is not mandatory for exporting countries or importing countries to use the ...
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Benchmark (crude Oil)
A benchmark crude or marker crude is a Petroleum, crude oil that serves as a reference price for buyers and sellers of crude oil. There are three primary benchmarks, West Texas Intermediate (WTI), Brent Blend, and Dubai Crude. Other well-known blends include the OPEC Reference Basket used by OPEC, Tapis crude, Tapis Crude which is traded in Singapore, Western Canadian Select used in Canada, Bonny Light used in Nigeria, Urals oil used in Russia and Mexico's Isthmus-34 Light, Isthmus. Energy Intelligence Group publishes a handbook which identified 195 major crude streams or blends in its 2011 edition. Benchmarks are used because there are many List of crude oil products, different varieties and grades of crude oil. Using benchmarks makes referencing types of oil easier for sellers and buyers. There is always a spread between WTI, Brent and other blends due to the relative volatility (high API gravity is more valuable), sweetness/sourness (low sulfur is more valuable) and transpor ...
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Experimental Benchmarking
Experimental benchmarking allows researchers to learn about the accuracy of non-experimental research designs. Specifically, one can compare observational results to experimental findings to calibrate bias. Under ordinary conditions, carrying out an experiment gives the researchers an unbiased estimate of their parameter of interest. This estimate can then be compared to the findings of observational research. Note that benchmarking is an attempt to calibrate non-statistical uncertainty (flaws in underlying assumptions). When combined with meta-analysis this method can be used to understand the scope of bias associated with a specific area of research. History The start of experimental benchmarking in social science is often attributed to Robert LaLonde. In 1986 he found that findings of econometric procedures assessing the effect of an employment program on trainee earnings did not recover the experimental findings. Experimental benchmarking is often conducted in medical r ...
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Benchmark (surveying)
The term benchmark, bench mark, or survey benchmark originates from the chiseled horizontal marks that surveyors made in stone structures, into which an angle iron could be placed to form a "bench" for a leveling rod, thus ensuring that a leveling rod could be accurately repositioned in the same place in the future. These marks were usually indicated with a chiseled arrow – specifically a broad arrow – below the horizontal line. A benchmark is a type of survey marker. The term is generally applied to any item used to mark a point as an elevation reference. Frequently, bronze or aluminum disks are set in stone or concrete, or on rods driven deeply into the earth to provide a stable elevation point. If an elevation is marked on a map, but there is no physical mark on the ground, it is a spot height. Purpose The height of a benchmark is calculated relative to the heights of nearby benchmarks in a network extending from a ''fundamental benchmark''. A fundamental benchma ...
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Benchmarking (geolocating)
A person taking a photo of a located benchmark on a statue Benchmarking, also known as benchmark hunting, is a hobby activity in which participants find benchmarks (also known as survey markers or geodetic control points). The term "benchmark" is used only to refer to survey markers that designate a certain elevation, but hobbyists often use the term benchmarks to include triangulation stations or other reference marks. Like geocaching, the activity has become popular since 1995, propelled by the availability of online data on the location of survey marks (with directions for finding them) and by the rise of hobbyist-oriented websites. History Many survey markers in the U.S. were set over 100 years ago. There was a surge in creating these marks in the U.S. from about 1930 to 1955, in conjunction with the expansion of map-making activities across the country. Sources of data on U.S. marks In the U.S., about 740,000 benchmarks with precise elevations or coordinates (but ...
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Benchmark (computing)
In computing, a benchmark is the act of running a computer program, a set of programs, or other operations, in order to assess the relative performance of an object, normally by running a number of standard tests and trials against it. The term ''benchmark'' is also commonly utilized for the purposes of elaborately designed benchmarking programs themselves. Benchmarking is usually associated with assessing performance characteristics of computer hardware, for example, the floating point operation performance of a CPU, but there are circumstances when the technique is also applicable to software. Software benchmarks are, for example, run against compilers or database management systems (DBMS). Benchmarks provide a method of comparing the performance of various subsystems across different chip/system architectures. Benchmarking as a part of continuous integration is called Continuous Benchmarking. Purpose As computer architecture advanced, it became more difficult to compa ...
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Gold Standard (test)
In medicine and medical statistics, the gold standard, criterion standard, or reference standard is the diagnostic test or benchmark that is the best available under ''reasonable'' conditions. It is the test against which new tests are compared to gauge their validity, and it is used to evaluate the efficacy of treatments. The meaning of "gold standard" may differ between practical medicine and the statistical ideal. With some medical conditions, only an autopsy can guarantee diagnostic certainty. In these cases, the gold standard test is the best test that keeps the patient alive, and even gold standard tests can require follow-up to confirm or refute the diagnosis. History The term 'gold standard' in its current sense in medical research was coined by Rudd in 1979, in reference to the monetary gold standard. In medicine "Gold standard" can refer to popular clinical endpoints by which scientific evidence is evaluated. For example, in resuscitation research, the "gold standar ...
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Benchmark Electronics
Benchmark Electronics Inc is an EMS, ODM, and OEM company based in Tempe, Arizona in the Phoenix metropolitan area.Worldwide Locations > The Americas > New Hampshire Benchmark Electronics Official Site Singapore Singapore, officially the Republic of Singapore, is an island country and city-state in Southeast Asia. The country's territory comprises one main island, 63 satellite islands and islets, and one outlying islet. It is about one degree ...; Suzhou, China.;Worldwide Locations
Benchmark Electronics Official Site
and Winona & Rochester, MN.


References


External l ...
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Benchmark (venture Capital Firm)
Benchmark is a venture capital firm founded in 1995 by Bob Kagle, Bruce Dunlevie, Andy Rachleff, Kevin Harvey, and Val Vaden. The firm is known for its equal partnership structure and focus on early-stage investing, typically leading the first institutional round of funding while taking a board seat with each company it invests in. Founding, partner structure Benchmark was founded in 1995 by five partners: Bob Kagle, Bruce Dunlevie, Andy Rachleff, Kevin Harvey, and Val Vaden. The firm is noted for creating the first equal ownership and compensation structure for its partners, where there are no "junior partners" or "senior partners," and there are also no CEO-like position held, differing from other VC firms which are named for their founders and are structured hierarchically. The firm has stated the reason for maintaining this approach is to "force discipline and accountability to focus on what matters" for its founders and limited partners, as their profits are driven b ...
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Benchmark Recordings
Benchmark Recordings is a record label that was founded in 2000 by music industry veterans Bill Coben and Denny Bruce. The initial catalog included the first four albums by The Fabulous Thunderbirds, which were originally released in the late 1970s and early 1980s on the Takoma Records label and distributed by Chrysalis Records. The early albums featured Kim Wilson on vocals and harmonica and Jimmie Vaughan on guitar. A compilation of live recordings and new material titled ''Tacos Deluxe'' was released in 2004. In 2008 Jon Monday, who had worked with Denny and Bill at Takoma Records in the 1970s and 1980s, joined the company as its President. A CD titled '' I'm With You Always'' by Mike Bloomfield Michael Bernard Bloomfield (July 28, 1943 – February 15, 1981) was an American blues guitarist and composer. Born in Chicago, he became one of the first popular music stars of the 1960s to earn his reputation almost entirely on his instrume ..., a live recording from 197 ...
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Benchmarking (journal)
''Benchmarking'' is a bimonthly peer-reviewed academic journal that covers the field of quality management. The editor-in-chief is Angappa Gunasekaran (Penn State Harrisburg). The journal was established in 1994 as ''Benchmarking for Quality Management & Technology'' and obtained its current name in 1999. It is published by Emerald Group Publishing. The journal is abstracted and indexed in Inspec, ProQuest databases, Emerging Sources Citation Index, and Scopus. According to the ''Journal Citation Reports'', the journal has a 2022 impact factor The impact factor (IF) or journal impact factor (JIF) of an academic journal is a type of journal ranking. Journals with higher impact factor values are considered more prestigious or important within their field. The Impact Factor of a journa ... of 5.6. References External links * {{Official website, 1=http://www.emeraldinsight.com/products/journals/journals.htm?id=bij English-language journals Business and management journals ...
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