Fuzzy Engineering Economics with Applications

ISBN 10: 3642089747 / ISBN 13: 9783642089749

Published by Springer, 2010

About this Item

pp. 400. Seller Inventory # 262157750

Bibliographic Details

Title: Fuzzy Engineering Economics with Applications

Publisher: Springer

Publication Date: 2010

Binding: Soft cover

Condition: New

About this title

Synopsis:

Fuzzy set approaches are suitable to use when the modeling of human knowledge is necessary and when human evaluations are needed. Fuzzy set theory is recognized as an important problem modeling and solution technique. It has been studied ext- sively over the past 40 years. Most of the early interest in fuzzy set theory pertained to representing uncertainty in human cognitive processes. Fuzzy set theory is now - plied to problems in engineering, business, medical and related health sciences, and the natural sciences. This book handles the fuzzy cases of classical engineering e- nomics topics. It contains 15 original research and application chapters including different topics of fuzzy engineering economics. When no probabilities are available for states of nature, decisions are given under uncertainty. Fuzzy sets are a good tool for the operation research analyst facing unc- tainty and subjectivity. The main purpose of the first chapter is to present the role and importance of fuzzy sets in the economic decision making problem with the literature review of the most recent advances.

From the Back Cover:

Fuzzy set approaches are suitable to use when the modeling of human knowledge is necessary and when human evaluations are needed. Fuzzy set theory is recognized as an important problem modeling and solution technique. It has been studied extensively over the past 40 years. Most of the early interest in fuzzy set theory pertained to representing uncertainty in human cognitive processes. Fuzzy set theory is now applied to problems in engineering, business, medical and related health sciences, and the natural sciences. This book handles the fuzzy cases of classical engineering economics topics. It contains 15 original research and application chapters including different topics of fuzzy engineering economics. This book will provide a useful resource of ideas, techniques, and methods for present and further research in the applications of fuzzy sets in engineering economics.