FUZZY LOGIC FOR BUSINESS, FINANCE, AND MANAGEMENT

FUZZY LOGIC FOR BUSINESS, FINANCE, AND MANAGEMENT book cover

FUZZY LOGIC FOR BUSINESS, FINANCE, AND MANAGEMENT

Author(s): George Bojadziev (Author), Maria Bojadziev (Author)

  • Publisher: World Scientific Pub Co Inc
  • Publication Date: July 15, 1997
  • Language: English
  • Print length: 232 pages
  • ISBN-10: 9810228945
  • ISBN-13: 9789810228941

Book Description

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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