The Application of Fuzzy Logic for Managerial Decision Making Processes

By Andreas Meier, Edy Portmann, Kilian Stoffel & Luis Terán

The Application of Fuzzy Logic for Managerial Decision Making Processes - Andreas Meier, Edy Portmann, Kilian Stoffel & Luis Terán
  • Release Date: 2017-03-30
  • Genre: Computers

Description

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.