Fuzzy Logic For Planning And Decision Making

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.

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.

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.

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 has vast applications in power and electrical engineering. This collection is the first book to cover research advancements in the application of fuzzy logic in the planning and operation of smart grids. A global group of researchers and scholars present innovative approaches to fuzzy-based smart grid planning and operation, cover theoretical concepts and experimental results of the application of fuzzy-based techniques, and define and apply these techniques to deal with smart grid issues. Applications of Fuzzy Logic in Planning and Operation of Smart Grids is an ideal resource for researchers on the theory and application of fuzzy logic, practicing engineers working in electrical power engineering and power system planning, and post-graduates and students in advanced graduate-level courses.

FUZZY LOGIC APPLICATIONS IN COMPUTER SCIENCE AND MATHEMATICSTICS The prime objective of developing this book is to provide meticulous details about the basic and advanced concepts of fuzzy logic and its all-around applications to different fields of mathematics and engineering. The basic steps of fuzzy inference systems starting from the core foundation of the fuzzy concepts are presented in this book. The fuzzy theory is a mathematical concept and, at the same time, it is applied to many versatile engineering fields and research domains related to computer science. The fuzzy system offers some knowledge about uncertainty and is also related to the theory of probability. A fuzzy logic-based model acts as the classifier for many different types of data belonging to several classes. Covered in this book are topics such as the fundamental concepts of mathematics, fuzzy logic concepts, probability and possibility theories, and evolutionary computing to some extent. The combined fields of neural network and fuzzy domain (known as the neuro-fuzzy system) are explained and elaborated. Each chapter has been produced in a very lucid manner, with grading from simple to complex to accommodate the anticipated different audiences. The application-oriented approach is the unique feature of this book. Audience This book will be read and used by a broad audience including applied mathematicians, computer scientists, and industry engineers.