In this paper we conjugate the operative usability of the net present value with the capability of the fuzzy and the interval approaches to manage uncertainty. Our fuzzy interval net present value can be interpreted, besides the usual present value of an investment project, as the present value of a contract in which the buyer lets the counterpart the possibility to release goods/services for m...

This paper studies a renewal reward process with fuzzy random interarrival times and rewards under the >-independence associated with any continuous Archimedean t-norm >. The interarrival times and rewards of the renewal reward process are assumed to be positive fuzzy random variables whose fuzzy realizations are >-independent fuzzy variables. Under these conditions, some limit theorems in mean...

Paper Five – BME Housing needs and aspirations Sanna Markkanen With Anna Clarke, Alex Fenton, Alan Holmans, Sarah Monk and Christine Whitehead Cambridge Centre for Housing and Planning Research January 2008 This is the fifth of a suite of eight papers drawing on research carried out into demographic, spatial and economic impacts on future affordable housing demand. For full details on the metho...

Until now, fuzzy logic has been extensively used to better analyse and design controllers for chemical processes. It has also been used for other applications like parameter estimation of nonlinear continuous-time systems but in general fuzzy logic has been intensively used for heuristics based system. Recently, fuzzy logic has been applied successfully in many areas where conventional model ba...

A fuzzy rough granular self-organizingmap (FRGSOM) involving a 3-dimensional linguistic vector and connection weights, defined in an unsupervised manner, is proposed for clustering patterns having overlapping regions. Each feature of a pattern is transformed into a 3-dimensional granular space using a π-membership function with centers and scaling factors corresponding to the linguistic terms l...

Complex proportional assessment (COPRAS) methodology is one of the well-known multiple criteria group decision-making (MCGDM) frameworks that can focus on proportional and direct dependences of the significance and utility degree of candidates under the presence of mutually conflicting criteria in real-worldcases. This studyelaboratesa newintuitionistic fuzzy modified group complex proportional...