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Tri-Phase Implementation of an Innovative Fuzzy Logic Approach for Decision-Making.

Authors :
Tarray, Tanveer Ahmad
Khaki, Zahid Gulzar
Ganie, Zahoor Ahmad
Sultan, Adil
Danish, Faizan
Albalawi, Olayan
Source :
Symmetry (20738994). Aug2024, Vol. 16 Issue 8, p994. 12p.
Publication Year :
2024

Abstract

This paper proposes a novel approach to decision-making based on a three-phase application of a new fuzzy logic model that embraces the principles of symmetry by balancing competing objectives in data collection and analysis. Our study, which employs a three-stage stratified random sample strategy with a randomized response technique, addresses the critical challenges of cost management and volatility reduction. Using the alpha-cut method, our model creates an effective allocation strategy that finds a balance between cost constraints and variance reduction objectives. We use numerical examples from real-world scenarios to demonstrate our approach's durability and practicality. Our revolutionary technique maintains data quality and cost-effectiveness while offering a game-changing answer to sensitive information acquisition concerns. By combining randomized response techniques and fuzzy logic, this study establishes a new standard for decision-making models that prioritizes both data-gathering precision and privacy preservation, encapsulating the essential principle of symmetry in balancing competing aims. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
20738994
Volume :
16
Issue :
8
Database :
Academic Search Index
Journal :
Symmetry (20738994)
Publication Type :
Academic Journal
Accession number :
179384598
Full Text :
https://doi.org/10.3390/sym16080994