Fuzzy Logic for Planning and Decision Making
Fuzzy Logic for Planning and Decision Making

Author: Freerk A. Lootsma

Publisher: Springer Science & Business Media

Published: 2013-03-14

Total Pages: 204

ISBN-13: 147572618X

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This book starts with the basic concepts of Fuzzy Logic: the membership function, the intersection and the union of fuzzy sets, fuzzy numbers, and the extension principle underlying the algorithmic operations. Several chapters are devoted to applications of Fuzzy Logic in Operations Research: PERT planning with uncertain activity durations, Multi-Criteria Decision Analysis (MCDA) with vague preferential statements, and Multi-Objective Optimization (MOO) with weighted degrees of satisfaction. New items are: Fuzzy PERT using activity durations with triangular membership functions, Fuzzy SMART with a sensitivity analysis based upon Fuzzy Logic, the Additive and the Multiplicative AHP with a similar feature, ELECTRE using the ideas of the AHP and SMART, and a comparative study of the ideal-point methods for MOO. Finally, earlier studies of colour perception illustrate the attempts to find a physiological basis for the set-theoretical and the algorithmic operations in Fuzzy Logic. The last chapter also discusses some key issues in linguistic categorization and the prospects of Fuzzy Logic as a multi-disciplinary research activity. Audience: Researchers and students working in applied mathematics, operations research, management science, business administration, econometrics, industrial engineering, information systems, artificial intelligence, mathematical psychology, and psycho-physics.

Fuzzy Logic in Management
Fuzzy Logic in Management

Author: Christer Carlsson

Publisher: Springer Science & Business Media

Published: 2012-12-06

Total Pages: 289

ISBN-13: 1441989773

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This book shows how the application of fuzzy logic can benefit management, group decision making, strategic planning, supply chain management and other business imperatives. The theoretical analysis is fully supported by real-life case studies. The book develops themes that businesses can use to master effectiveness and quality, work with flexibility, and support continuous learning in the organization and the individual.

Fuzzy Sets, Decision Making, and Expert Systems
Fuzzy Sets, Decision Making, and Expert Systems

Author: Hans-Jürgen Zimmermann

Publisher: Springer Science & Business Media

Published: 2012-12-06

Total Pages: 342

ISBN-13: 9400932499

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In the two decades since its inception by L. Zadeh, the theory of fuzzy sets has matured into a wide-ranging collection of concepts, models, and tech niques for dealing with complex phenomena which do not lend themselves to analysis by classical methods based on probability theory and bivalent logic. Nevertheless, a question which is frequently raised by the skeptics is: Are there, in fact, any significant problem areas in which the use of the theory of fuzzy sets leads to results which could not be obtained by classical methods? The approximately 5000 publications in this area, which are scattered over many areas such as artificial intelligence, computer science, control engineering, decision making, logic, operations research, pattern recognition, robotics and others, provide an affirmative answer to this question. In spite of the large number of publications, good and comprehensive textbooks which could facilitate the access of newcomers to this area and support teaching were missing until recently. To help to close this gap and to provide a textbook for courses in fuzzy set theory which can also be used as an introduction to this field, the first volume ofthis book was published in 1985 [Zimmermann 1985 b]. This volume tried to cover fuzzy set theory and its applications as extensively as possible. Applications could, therefore, only be described to a limited extent and not very detailed.

The Application of Fuzzy Logic for Managerial Decision Making Processes
The Application of Fuzzy Logic for Managerial Decision Making Processes

Author: Andreas Meier

Publisher: Springer

Published: 2017-03-30

Total Pages: 108

ISBN-13: 3319540483

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This book addresses the latest research and applications of fuzzy management methods for business decisions. It showcases a broad set of applications and discusses topics such as measures for the quality of analytics outcomes in big data environments; how fuzzy management methods support the inclusion of human thinking and human behavior in decision making processes; how to generate better results with fuzzy management methods in cases of imprecise information; new personalization concepts enabled by fuzzy logic for the offering of customized products and services especially in the electronic market; and lastly the application of fuzzy analysis for executives using natural rather than computer language. The combination of research papers and case studies makes it a valuable resource both for researchers and practitioners in the digital economy.

Fuzzy Logic for Business, Finance, and Management
Fuzzy Logic for Business, Finance, and Management

Author: George Bojadziev

Publisher: World Scientific

Published: 2007

Total Pages: 253

ISBN-13: 9812770623

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This is truly an interdisciplinary book for knowledge workers in business, finance, management and socio-economic sciences based on fuzzy logic. It serves as a guide to and techniques for forecasting, decision making and evaluations in an environment involving uncertainty, vagueness, impression and subjectivity. Traditional modeling techniques, contrary to fuzzy logic, do not capture the nature of complex systems especially when humans are involved. Fuzzy logic uses human experience and judgement to facilitate plausible reasoning in order to reach a conclusion. Emphasis is on applications presented in the 27 case studies including Time Forecasting for Project Management, New Product Pricing, and Control of a Parasit-Pest System.

Fuzzy Reasoning in Decision Making and Optimization
Fuzzy Reasoning in Decision Making and Optimization

Author: Christer Carlsson

Publisher: Physica

Published: 2014-10-05

Total Pages: 338

ISBN-13: 9783662003381

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Many decision-making tasks are too complex to be understood quantitatively, however, humans succeed by using knowledge that is imprecise rather than precise. Fuzzy logic resembles human reasoning in its use of imprecise informa tion to generate decisions. Unlike classical logic which requires a deep under standing of a system, exact equations, and precise numeric values, fuzzy logic incorporates an alternative way of thinking, which allows modeling complex systems using a higher level of abstraction originating from our knowledge and experience. Fuzzy logic allows expressing this knowledge with subjective concepts such as very big and a long time which are mapped into exact numeric ranges. Since knowledge can be expressed in a more natural by using fuzzy sets, many decision (and engineering) problems can be greatly simplified. Fuzzy logic provides an inference morphology that enables approximate human reasoning capabilities to be applied to knowledge-based systems. The theory of fuzzy logic provides a mathematical strength to capture the un certainties associated with human cognitive processes, such as thinking and reasoning. The conventional approaches to knowledge representation lack the means for representating the meaning of fuzzy concepts. As a consequence, the approaches based on first order logic do not provide an appropriate con ceptual framework for dealing with the representation of commonsense knowl edge, since such knowledge is by its nature both lexically imprecise and non categorical.

Fuzzy Multi-Criteria Decision Making
Fuzzy Multi-Criteria Decision Making

Author: Cengiz Kahraman

Publisher: Springer Science & Business Media

Published: 2008-08-09

Total Pages: 591

ISBN-13: 0387768130

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This work examines all the fuzzy multicriteria methods recently developed, such as fuzzy AHP, fuzzy TOPSIS, interactive fuzzy multiobjective stochastic linear programming, fuzzy multiobjective dynamic programming, grey fuzzy multiobjective optimization, fuzzy multiobjective geometric programming, and more. Each of the 22 chapters includes practical applications along with new developments/results. This book may be used as a textbook in graduate operations research, industrial engineering, and economics courses. It will also be an excellent resource, providing new suggestions and directions for further research, for computer programmers, mathematicians, and scientists in a variety of disciplines where multicriteria decision making is needed.

Fuzzy Logic for Business, Finance, and Management
Fuzzy Logic for Business, Finance, and Management

Author: George Bojadziev

Publisher: World Scientific

Published: 2007

Total Pages: 253

ISBN-13: 9812706496

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This is truly an interdisciplinary book for knowledge workers in business, finance, management and socio-economic sciences based on fuzzy logic. It serves as a guide to and techniques for forecasting, decision making and evaluations in an environment involving uncertainty, vagueness, impression and subjectivity. Traditional modeling techniques, contrary to fuzzy logic, do not capture the nature of complex systems especially when humans are involved. Fuzzy logic uses human experience and judgement to facilitate plausible reasoning in order to reach a conclusion. Emphasis is on applications presented in the 27 case studies including Time Forecasting for Project Management, New Product Pricing, and Control of a Parasit-Pest System.