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Fuzzy Logic and NeuroFuzzy Applications in Business and Finance
 
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Fuzzy Logic and NeuroFuzzy Applications in Business and Finance [Paperback]

Constantin von Altrock (Author)
3.4 out of 5 stars  See all reviews (5 customer reviews)

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Book Description

Fuzzy logic, long proven in engineering and scientific applications, can help businesses dramatically improve the way they make decisions. This book shows exactly how fuzzy logic works, and gives managers the software tools and skills they need to use it. Explains the technology of fuzzy logic, and how it can be used to support business decisions. Presents real-world fuzzy logic applications for supplier evaluation, customer targeting, scheduling, choosing R&D projects, and forecasting. Shows fuzzy logic at work analyzing credit, evaluating leases, making stock market decisions, and uncovering financial fraud. Includes fuzzyTECH for Business fuzzy logic modeling software for Windows and a variety of sample applications.All corporate managers and planners.

From the Publisher

Make sharper business decisions with fuzzy logic! Fuzzy logic, long proven in engineering and scientific applications, can help businesses dramatically improve the way they make decisions. This book shows exactly how fuzzy logic works, and gives managers the software tools and skills they need to use it. Understand the technology of fuzzy logic, and how it can be used to support business decisions. The book presents real-world fuzzy logic applications for supplier evaluation, customer targeting, scheduling, choosing R&D projects, and forecasting. It also shows fuzzy logic at work analyzing credit, evaluating leases, making stock market decisions, and uncovering financial fraud. fuzzyTECH for Business fuzzy logic modeling software for Windows and a variety of sample applications are also included. For all corporate managers and planners.
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5 Reviews
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Average Customer Review
3.4 out of 5 stars (5 customer reviews)
 
 
 
 
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2.0 out of 5 stars OK Book Marred by Crippleware, April 18 2002
By 
Steve (Cheney, WA USA) - See all my reviews
This review is from: Fuzzy Logic and NeuroFuzzy Applications in Business and Finance (Paperback)
I recently used the book in an introductory AI class. I found it short on good descriptions of the basics, and long on 'user manual' information on FuzzyTech. This was not bad in itself, but FuzzyTech is a VERY complex program and the 'trial version' on the CD will not let you save ANY files or projects. This means you have to do all your learning in one session, or start over the next day. It would have been far more useful if the company had limited the size of the project you could save. I won't use this book again.
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5.0 out of 5 stars Good book to explore Fuzzy Logic solutions, Sep 18 2001
By 
W. De Ru (Pretoria, Gauteng South Africa) - See all my reviews
(REAL NAME)   
This review is from: Fuzzy Logic and NeuroFuzzy Applications in Business and Finance (Paperback)
I found this book to be a worthwhile read. I agree with the other reviewers that it covers Fuzzytech quite extensively, but a completely working version of fuzzytech ships with the book, so it is possible to follow all the examples in the book. The book triggered some good ideas for me as to how to implement fuzzy logic in the business environment. It does not try to be a very academical book, although various discussions are given to explain Fuzzy Logic. If you are prepared to use Fuzzytech as tool to play around with examples, then this is a good book.
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4.0 out of 5 stars If you plan on learning the Fuzzytech program, you need this, Mar 3 2001
By A Customer
This review is from: Fuzzy Logic and NeuroFuzzy Applications in Business and Finance (Paperback)
As a user of the fuzzy logic program that von Altrock's company makes, I have found that this book is absolutely necessary. The truly weird thing is that Inform, the software publisher, doesn't tell you about this book, when it should be included with every Fuzzy program that they sell. The manual that is included with the program is wretchedly bad; dull, confusing, and pointless. Only worse. Once you discover this book, much of the operational confusion surrounding Fuzzytech will be cleared up. However, von Altrock cannot resist a certain measure of obscurity. NeuroFuzzy applications is direct and clear, but leaves plenty of understanding gaps between one implementation and another. Von Altrock needs to expand this text and provide a wider range of specifics and details. For instance, until very recently, Fuzzytech suffered from a limited ability to read data files. This placed the program far behind the curve of contemporary usage. This is badly needed information; how does the progam really work ? Since this is the ONLY readable volume on the subject, von Altrock and Inform would be well advised to do a more thorough job of linking theory to practice.
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