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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)

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


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Editorial Reviews

Product Description
59151-1 Make sharper business decisions with fuzzy logic! What's it worth to your business to make better decisions about: *Credit? *R&D? *Investments? *Direct marketing? *Suppliers? *Quality control? You can do all that, and a whole lot more, with fuzzy logic, the first technology that allows computers to make decisions with human-like judgment. Long proven in engineering and scientific applications, fuzzy logic takes into account all the uncertainties of the real world-where "maybe" and "probably" are a whole lot more common than "yes" and "no" Now, internationally-renowned fuzzy logic expert Constantin Von Altrock, author of Fuzzy Logic and NeuroFuzzy Applications Explained, shows you exactly how fuzzy logic works-and gives you tools to use it in your business. In this hands-on, practical guide, you'll walk through powerful fuzzy logic business applications for business, including supplier evaluation, customer targeting, scheduling, choosing R&D projects, and forecasting. You'll watch fuzzy logic at work analyzing credit, evaluating leases, making stock market decisions, and uncovering fraud.Then model your own fuzzy logic applications with fuzzyTECHaA A for Business simulation software for WindowsaA A . It's included on the CD-ROM-along with working applications you can adapt for your own needs. You'll even learn how to integrate fuzzy logic decision-making with your existing data, using Microsoft's Visual Basic, Access, Excel, OLE, and DDE. If you need to make the best possible decisions, make them fast, and make plenty of them, you've come to the right book: Fuzzy Logic and NeuroFuzzy Applications in Business and Finance.

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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Product Details

  • Paperback: 400 pages
  • Publisher: Prentice Hall PTR (November 18, 1996)
  • Language: English
  • ISBN-10: 0135915120
  • ISBN-13: 978-0135915127
  • Product Dimensions: 9.1 x 7 x 1.2 inches
  • Shipping Weight: 1.9 pounds
  • Average Customer Review: 3.4 out of 5 stars See all reviews (5 customer reviews)
  • Amazon.com Sales Rank: #1,625,373 in Books (See Bestsellers in Books)


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Customer Reviews

5 Reviews
5 star:
 (2)
4 star:
 (1)
3 star:    (0)
2 star:
 (1)
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Average Customer Review
3.4 out of 5 stars (5 customer reviews)
 
 
 
 
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18 of 20 people found the following review helpful:
1.0 out of 5 stars Fuzzy logic and neurofuzzy applications in business and fina, May 1, 2000
By A Customer
This book has a promising blurb which lead to me buy it. I was greatly disappointed. The blurbs suggested that the book would have plenty of detailed examples for the use of fuzzy logic in business and finance. The examples were there, but few and far in between, without the detail that would have made them useful case studies. Instead the author spends almost the entire book on one *single* fuzzy logic software called fuzzytech. The book is more like a manual for fuzzytech applications than it is an exposition on the use of fuzzy logic for business and finance.
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2 of 2 people found the following review helpful:
5.0 out of 5 stars Finally something for practitioners, December 8, 2000
By Giovanni Francescati (Tacoma, WA USA) - See all my reviews
I was looking for a good technology to implement risk assessment systems and a colleague pointed me to fuzzy logic. Browsing the various books, I was flooded with mathematical theory and application notes that just claimed, fuzzy is good because it is fuzzy, and gave no hints of what was really done. Altrock's book is different. It goes right to the point and shows you all the works with examples. While the first examples are rather simplistic and only serve a didactic use, the more complicated case studies are quite useful. What is really helpful is the attached software. However, the attached CD is a bit outdated. but I was able to download an updated version of the software examples.
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1 of 1 people found the following review helpful:
5.0 out of 5 stars Good book to explore Fuzzy Logic solutions, September 18, 2001
By W. De Ru (Pretoria, Gauteng South Africa) - See all my reviews
(REAL NAME)   
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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Most Recent Customer Reviews

2.0 out of 5 stars OK Book Marred by Crippleware
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. Read more
Published on April 18, 2002 by Steve

4.0 out of 5 stars If you plan on learning the Fuzzytech program, you need this
As a user of the fuzzy logic program that von Altrock's company makes, I have found that this book is absolutely necessary. Read more
Published on March 3, 2001

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