FUZZY LOGIC FOR BUSINESS, FINANCE, AND MANAGEMENT (Advances in Fuzzy Systems: Application and Theory) - Hardcover

Bojadziev, George; Bojadziev, Maria

9789810228941: FUZZY LOGIC FOR BUSINESS, FINANCE, AND MANAGEMENT (Advances in Fuzzy Systems: Application and Theory)

Hardcover

ISBN 10: 9810228945 ISBN 13: 9789810228941

Publisher: World Scientific Pub Co Inc, 1997

This is an interdisciplinary book for knowledge workers in business, finance, management, and socio-economic sciences. It provides a guide to and techniques for forecasting, decision making, conclusions, and evaluations in an environment involving uncertainty, vagueness, and impression. Traditional modeling techniques do not capture the nature of complex systems especially when humans are involved. Fuzzy logic provides effective tools for dealing with such systems. Emphasis is on applications presented in case studies including Time Forecasting for Project Management, New Product Pricing, Client Financial Risk Tolerance Policy, Deviation and Potential Problem Analysis, Inventory Control Model, Stock Market Strategy.

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