Fuzzy logic identifier of the short-term objectives
This article presents a new science-based approach which identifies the most effective current-period short-term objective of an enterprise, which is usually set based on the pure judgment of top management members or enterprise's experts. The method is based on fuzzy-decision-making system and...
| Main Authors: | , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Czech Academy of Agricultural Sciences
2005-01-01
|
| Series: | Agricultural Economics (AGRICECON) |
| Subjects: | |
| Online Access: | https://agricecon.agriculturejournals.cz/artkey/age-200501-0005_fuzzy-logic-identifier-of-the-short-term-objectives.php |
| _version_ | 1828009659265449984 |
|---|---|
| author | S. Aly I. Vrana |
| author_facet | S. Aly I. Vrana |
| author_sort | S. Aly |
| collection | DOAJ |
| description | This article presents a new science-based approach which identifies the most effective current-period short-term objective of an enterprise, which is usually set based on the pure judgment of top management members or enterprise's experts. The method is based on fuzzy-decision-making system and makes robust utilization of enterprise's experts' knowledge, intuition and expertise. A simple illustrative example is provided to demonstrate how the method can be efficiently and effectively used in practice. The proposed approach can be used to identify the short-term objective of any profit-making-enterprise, and is specially applicable to business industries that are full of qualitative, stochastic, uncertain, and vague variables such as the case in agricultural business (e.g., agro-food companies, fertilizers, and agro-chemical producers), and industrial firms (e.g., electronics, home appliances, machine tools companies ... etc.), and is generally applicable to any other business sector. |
| first_indexed | 2024-04-10T08:41:59Z |
| format | Article |
| id | doaj.art-dd07fa4c8bde438cb4ba29394c499726 |
| institution | Directory Open Access Journal |
| issn | 0139-570X 1805-9295 |
| language | English |
| last_indexed | 2024-04-10T08:41:59Z |
| publishDate | 2005-01-01 |
| publisher | Czech Academy of Agricultural Sciences |
| record_format | Article |
| series | Agricultural Economics (AGRICECON) |
| spelling | doaj.art-dd07fa4c8bde438cb4ba29394c4997262023-02-23T03:22:47ZengCzech Academy of Agricultural SciencesAgricultural Economics (AGRICECON)0139-570X1805-92952005-01-01511324010.17221/5073-AGRICECONage-200501-0005Fuzzy logic identifier of the short-term objectivesS. Aly0I. Vrana1Czech University of Agriculture, Prague, Czech RepublicCzech University of Agriculture, Prague, Czech RepublicThis article presents a new science-based approach which identifies the most effective current-period short-term objective of an enterprise, which is usually set based on the pure judgment of top management members or enterprise's experts. The method is based on fuzzy-decision-making system and makes robust utilization of enterprise's experts' knowledge, intuition and expertise. A simple illustrative example is provided to demonstrate how the method can be efficiently and effectively used in practice. The proposed approach can be used to identify the short-term objective of any profit-making-enterprise, and is specially applicable to business industries that are full of qualitative, stochastic, uncertain, and vague variables such as the case in agricultural business (e.g., agro-food companies, fertilizers, and agro-chemical producers), and industrial firms (e.g., electronics, home appliances, machine tools companies ... etc.), and is generally applicable to any other business sector.https://agricecon.agriculturejournals.cz/artkey/age-200501-0005_fuzzy-logic-identifier-of-the-short-term-objectives.phpshort-term objectivesfuzzy decision-making-systemfuzzy expert-system |
| spellingShingle | S. Aly I. Vrana Fuzzy logic identifier of the short-term objectives Agricultural Economics (AGRICECON) short-term objectives fuzzy decision-making-system fuzzy expert-system |
| title | Fuzzy logic identifier of the short-term objectives |
| title_full | Fuzzy logic identifier of the short-term objectives |
| title_fullStr | Fuzzy logic identifier of the short-term objectives |
| title_full_unstemmed | Fuzzy logic identifier of the short-term objectives |
| title_short | Fuzzy logic identifier of the short-term objectives |
| title_sort | fuzzy logic identifier of the short term objectives |
| topic | short-term objectives fuzzy decision-making-system fuzzy expert-system |
| url | https://agricecon.agriculturejournals.cz/artkey/age-200501-0005_fuzzy-logic-identifier-of-the-short-term-objectives.php |
| work_keys_str_mv | AT saly fuzzylogicidentifieroftheshorttermobjectives AT ivrana fuzzylogicidentifieroftheshorttermobjectives |