Fuzzy Logic in Management

Fuzzy Logic in Management
Author: Christer Carlsson
Publisher: Springer Science & Business Media
Total Pages: 289
Release: 2012-12-06
Genre: Mathematics
ISBN: 1441989773

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 Logic for Business, Finance, and Management

Fuzzy Logic for Business, Finance, and Management
Author: George Bojadziev
Publisher: World Scientific
Total Pages: 253
Release: 2007
Genre: Business & Economics
ISBN: 9812770623

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 Logic for the Management of Uncertainty

Fuzzy Logic for the Management of Uncertainty
Author: Lotfi Asker Zadeh
Publisher: Wiley-Interscience
Total Pages: 696
Release: 1992-07-30
Genre: Computers
ISBN:

Fuzzy Logic for the Management of Uncertainty covers many important topics, including:" "Developments in mathematics that have paved the road for fuzzy logic;" "Deep, and of a broad perspective, exposition of virtually all approaches used in contemporary science for the representation and handling of imperfect (uncertain, imprecise, vague, ambiguous, etc.) information;" "Coverage of practically all relevant and promising directions and approaches in fuzzy logic research including LT--fuzzy logic, model theoretic approaches, intuitionistic fuzzy logic, nonmonotonic fuzzy logic, modifier fuzzy logic;" "VLSI fuzzy logic-based chips that have triggered the implementation of fuzzy logic in so many fields of science and technology;" "A broad coverage of fuzzy logic in approximate reasoning, including basic issues related to the role of fuzzy logic for approximate reasoning, analyses of various definitions of fuzzy implication that is a crucial element in fuzzy logic-based reasoning schemes,

Fuzzy Sets, Fuzzy Logic, And Fuzzy Systems: Selected Papers By Lotfi A Zadeh

Fuzzy Sets, Fuzzy Logic, And Fuzzy Systems: Selected Papers By Lotfi A Zadeh
Author: George J Klir
Publisher: World Scientific
Total Pages: 842
Release: 1996-05-30
Genre: Computers
ISBN: 9814499811

This book consists of selected papers written by the founder of fuzzy set theory, Lotfi A Zadeh. Since Zadeh is not only the founder of this field, but has also been the principal contributor to its development over the last 30 years, the papers contain virtually all the major ideas in fuzzy set theory, fuzzy logic, and fuzzy systems in their historical context. Many of the ideas presented in the papers are still open to further development. The book is thus an important resource for anyone interested in the areas of fuzzy set theory, fuzzy logic, and fuzzy systems, as well as their applications. Moreover, the book is also intended to play a useful role in higher education, as a rich source of supplementary reading in relevant courses and seminars.The book contains a bibliography of all papers published by Zadeh in the period 1949-1995. It also contains an introduction that traces the development of Zadeh's ideas pertaining to fuzzy sets, fuzzy logic, and fuzzy systems via his papers. The ideas range from his 1965 seminal idea of the concept of a fuzzy set to ideas reflecting his current interest in computing with words — a computing in which linguistic expressions are used in place of numbers.Places in the papers, where each idea is presented can easily be found by the reader via the Subject Index.

Fuzzy Sets in Management, Economics, and Marketing

Fuzzy Sets in Management, Economics, and Marketing
Author: Panos M. Pardalos
Publisher: World Scientific
Total Pages: 292
Release: 2001
Genre: Business & Economics
ISBN: 9789812810892

The rapid changes that have taken place globally on the economic, social and business fronts characterized the 20th century. The magnitude of these changes has formed an extremely complex and unpredictable decision-making framework, which is difficult to model through traditional approaches. The main purpose of this book is to present the most recent advances in the development of innovative techniques for managing the uncertainty that prevails in the global economic and management environments. These techniques originate mainly from fuzzy sets theory. However, the book also explores the integration of fuzzy sets with other decision support and modeling disciplines, such as multicriteria decision aid, neural networks, genetic algorithms, machine learning, chaos theory, etc. The presentation of the advances in these fields and their real world applications adds a new perspective to the broad fields of management science and economics. Contents: Decision Making, Management and Marketing: Algorithms for Orderly Structuring of Financial OC ObjectsOCO (J Gil-Aluja); A Fuzzy Goal Programming Model for Evaluating a Hospital Service Performance (M Arenas et al.); A Group Decision Making Method Using Fuzzy Triangular Numbers (J L Garc a-Lapresta et al.); Developing Sorting Models Using Preference Disaggregation Analysis: An Experimental Investigation (M Doumpos & C Zopounidis); Stock Markets and Portfolio Management: The Causality Between Interest Rate, Exchange Rate and Stock Price in Emerging Markets: The Case of the Jakarta Stock Exchange (J Gupta et al.); Fuzzy Cognitive Maps in Stock Market (D Koulouriotis et al.); Neural Network vs Linear Models of Stock Returns: An Application to the UK and German Stock Market Indices (A Kanas); Corporate Finance and Banking Management: Expertons and Behaviour of Companies with Regard to the Adequacy Between Business Decisions and Objectives (A Couturier & B Fioleau); Multiple Fuzzy IRR in the Financial Decision Environment (S F Gonzilez et al.); An Automated Knowledge Generation Approach for Managing Credit Scoring Problems (M Michalopoulos et al.); and other papers. Readership: Financial managers, economists, management scientists and computer scientists."

Fuzzy Logic in Financial Analysis

Fuzzy Logic in Financial Analysis
Author: Anna Maria Gil-Lafuente
Publisher: Springer
Total Pages: 451
Release: 2006-06-10
Genre: Technology & Engineering
ISBN: 3540323686

In today’s increasingly complex and uncertain business environment, financial analysis is yet more critical to business managers who tackle problems of an economic or business nature. Knowledge based on formal logic and even experience becomes less sufficient. This volume systematically sets out the basic elements on which to base financial analysis for business in the new century. It incorporates a previous work that can serve as the basis and foundation for the new contributions that are now being made in the field of financial economy and intend to provide business with instruments and models suitable for dealing with the new economic context. In dealing with rapid and unpredictable changes in technological and business conditions, it postulates a growing reliance on the opinions of experts instead of past data or probabilistic forecasts, which is a radical change but may yield fruitful results. For this reason, much emphasis is devoted to the problem of aggregation of the opinion of experts in the financial field, with the object of limiting, wherever possible, the subjective component of the opinions and making sure that the decisions have the best guarantee of reaching the desired objectives.

Fuzzy Logic and NeuroFuzzy Applications in Business and Finance

Fuzzy Logic and NeuroFuzzy Applications in Business and Finance
Author: Constantin Von Altrock
Publisher: Prentice Hall
Total Pages: 0
Release: 1997
Genre: Business
ISBN: 9780135915127

In this hands-on, practical guide, you'll walk through powerful fuzzy logic business applications for business, including risk assessment, forecasting, supplier evaluation, customer targeting, and scheduling. You'll watch fuzzy logic at work analyzing credit risk, evaluating leases, making stock market decisions, and uncovering fraud.

Fuzzy Sets, Fuzzy Logic, Applications

Fuzzy Sets, Fuzzy Logic, Applications
Author: George Bojadziev
Publisher: World Scientific
Total Pages: 299
Release: 1996-01-09
Genre: Computers
ISBN: 9814499943

Fuzzy sets and fuzzy logic are powerful mathematical tools for modeling and controlling uncertain systems in industry, humanity, and nature; they are facilitators for approximate reasoning in decision making in the absence of complete and precise information. Their role is significant when applied to complex phenomena not easily described by traditional mathematics.The unique feature of the book is twofold: 1) It is the first introductory course (with examples and exercises) which brings in a systematic way fuzzy sets and fuzzy logic into the educational university and college system. 2) It is designed to serve as a basic text for introducing engineers and scientists from various fields to the theory of fuzzy sets and fuzzy logic, thus enabling them to initiate projects and make applications.

Handbook of Research on Applied AI for International Business and Marketing Applications

Handbook of Research on Applied AI for International Business and Marketing Applications
Author: Christiansen, Bryan
Publisher: IGI Global
Total Pages: 702
Release: 2020-09-25
Genre: Business & Economics
ISBN: 1799850781

Artificial intelligence (AI) describes machines/computers that mimic cognitive functions that humans associate with other human minds, such as learning and problem solving. As businesses have evolved to include more automation of processes, it has become more vital to understand AI and its various applications. Additionally, it is important for workers in the marketing industry to understand how to coincide with and utilize these techniques to enhance and make their work more efficient. The Handbook of Research on Applied AI for International Business and Marketing Applications is a critical scholarly publication that provides comprehensive research on artificial intelligence applications within the context of international business. Highlighting a wide range of topics such as diversification, risk management, and artificial intelligence, this book is ideal for marketers, business professionals, academicians, practitioners, researchers, and students.