The paper presents model based on fuzzy methods for churn prediction in retail banking. The study was done on the real, anonymised data of 5000 clients of a retail bank. Real data are great strength of the study, as a lot of studies often use old, irrelevant or artificial data. Canonical discriminant analysis was applied to reveal variables that provide maximal separation between clusters of ch...

holds (but which implies that the space is actually a Menger space). Z̆ikić [2] extended the existence part of their theorem showing that it is enough to consider the case of special sequence tn = 1/ n and that (1) holds for some x = x0 and y = f (x0). The error in her main theorem (and in all consequences) concerns the statement that, under the same conditions, also the uniqueness of fixed poin...

Chiclana, Herrera and Herrera-Viedma studied conditions under which the reciprocity property is maintained in the aggregation of reciprocal fuzzy preference relations using the OWA operator guided by a relative linguistic quantifier. In this note, we focus on the reciprocity in the aggregation of fuzzy preference relations (that is, the additive reciprocity is not assumed) using the OWA operato...

A. George and P. Veeramani, 1994. On some results in fuzzy metric space, Fuzzy Sets and Systems, vol. 64, 395-399. B. Schweizer, H. Sherwood, and R. M. Tardi®,1988. Contractions on PMspace examples and counter examples, Stochastica vol. 1, 5–17. D. Mihet, 2004. A Banach contraction theorem in fuzzy metric spaces, Fuzzy Sets and Systems, vol. 144, 431–439. D. Mihet, 2008. Fuzzy -contractive mapp...

In multiperson decision making situations, it is quite natural that different decision makers who may have different background and knowledge will provide their preferences by different kinds of preference relations. This paper proposes a linguistic multiperson decision making model (LMDMM) based on linguistic preference relations, integrating fuzzy preference relations, different types of mult...

in this paper, a new method is proposed to find the fuzzy optimal solution of fully fuzzy linear programming (abbreviated to fflp) problems. also, we employ linear programming (lp) with equality constraints to find a nonegative fuzzy number vector x which satisfies ax =b, where a is a fuzzy number matrix. then we investigate the existence of a positive solution of fully fuzzy linear system (ffls).

A crucial step in group decision making (GDM) processes is the aggregation of individual opinions with the aim of achieving a “fair” representation of each individual within the group. In multi-granular linguistic contexts where linguistic term sets with common domain but different granularity and/or semantic are used, the methodology widely applied until now requires, prior to the aggregation ...

it is well known fact that binary relations are generalized mathematical functions. contrary to functions from domain to range, binary relations may assign to each element of domain two or more elements of range. some basic operations on functions such as the inverse and composition are applicable to binary relations as well. depending on the domain or range or both are fuzzy value fuzzy set, i...