Fuzzy Logic For Business, Finance, And Management

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Bibliographic Details
Title:	Fuzzy Logic For Business, Finance, And Management
Description:	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.
Authors:	George Bojadziev, Maria Bojadziev
Resource Type:	eBook.
Subjects:	System analysis, Fuzzy logic, Decision making--Data processing, Business forecasting--Data processing
Categories:	COMPUTERS / Logic Design, COMPUTERS / General, COMPUTERS / Business & Productivity Software / Accounting & Finance
Database:	eBook Collection (EBSCOhost)

Description
Abstract:	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.
ISBN:	9789812706492 9789812770622