Tri-Phase Implementation of an Innovative Fuzzy Logic Approach for Decision-Making
Tanveer Ahmad Tarray,
Zahid Gulzar Khaki,
Zahoor Ahmad Ganie
et al.
Abstract:This paper proposes a novel approach to decision-making based on a three-phase application of a new fuzzy logic model that embraces the principles of symmetry by balancing competing objectives in data collection and analysis. Our study, which employs a three-stage stratified random sample strategy with a randomized response technique, addresses the critical challenges of cost management and volatility reduction. Using the alpha-cut method, our model creates an effective allocation strategy that finds a balance… Show more
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