classical deterministic inventory models consider the demand rate to be either constant or time-dependent but independent from the stock status. however, for a certain type of inventory, the demand rate may be in-fluenced by the stock level. also in many real-life problems, some products such as fruits, vegetables, phar-maceuticals and volatile liquids continuously deteriorate to evaporation, o...

A debutanizer column is an integral part of any petroleum refinery. Online composition monitoring of debutanizer column outlet streams is highly desirable in order to maximize the production of liquefied petroleum gas. In this article, data-driven models for debutanizer column are developed for real-time composition monitoring. The dataset used has seven process variables as inputs and the outp...

Classical deterministic inventory models consider the demand rate to be either constant or time-dependent but independent from the stock status. However, for a certain type of inventory, the demand rate may be in-fluenced by the stock level. Also in many real-life problems, some products such as fruits, vegetables, phar-maceuticals and volatile liquids continuously deteriorate to evaporation, o...

Although the classical dividend discount model (DDM) is a wellknown and widely used model in evaluating the intrinsic price of common stock, the practical pattern of dividends, required rate of return or growth rate of dividend do not generally coincide with any of the model’s assumptions. It is just the opportunity to develop a fuzzy logic system that takes these vague parameters into account....

In this paper, bi-matrix games are investigated based on L-R fuzzy variables. Also, based on the fuzzy max order several models in non-symmetrical L-R fuzzy environment is constructed and the existence condition of Nash equilibrium strategies of the fuzzy bi-matrix games is proposed. At last, based on the Nash equilibrium of crisp parametric bi-matrix games, we obtain the Pareto and weak Pareto...

This paper deals with closure properties of models of fuzzy attribute implications. Fuzzy attribute implications are particular IF-THEN rules which can be interpreted in data tables with fuzzy attributes and/or ranked data tables over domains with similarity relations. We show that models of any set of fuzzy attribute implications form a fuzzy closure system with hedge. Conversely, we show that...

In this study, we offer a general view at the area of fuzzy modeling and fuzzymodels, identify the visible development phases and elaborate on a new and promisingdirections of system modeling by introducing a concept of granular models. Granularmodels, especially granular fuzzy models constitute an important generalization of existingfuzzy models and, in contrast to the existing models, generat...

The purpose of this paper is to develop a methodology for solving a new type of matrix games in which payoffs are expressed with triangular intuitionistic fuzzy numbers (TIFNs). In this methodology, the concept of solutions for matrix games with payoffs of TIFNs is introduced. A pair of auxiliary intuitionistic fuzzy programming models for players are established to determine optimal strategies...

Modeling the suitability of land to support specific land uses is an important and common GIS application. Three classic models, specifically pass/ fail screening, graduated screening and weighted linear combination, are examined within a more general framework defined by fuzzy logic theory. The rationale underlying each model is explained using the concepts of fuzzy intersections, fuzzy unions...