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Tri-Phase Implementation of an Innovative Fuzzy Logic Approach for Decision-Making.
- 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]
- Subjects :
- *FUZZY logic
*RANDOMIZED response
*COST control
*DATA quality
*STATISTICAL sampling
Subjects
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