• International Journal of Fuzzy Logic and Intelligent Systems
• /
• v.16 no.1
• /
• pp.72-80
• /
• 2016

Re-auction happens when a bid winner defaults on the payment without making second in-line purchase declaration even after determining sales permission. This is a process of selling under the court's authority. Re-auctioning contract price of real estate is largely influenced by the real estate business, real estate value, and the number of bidders. This paper is designed to establish a statistical model that deals with the number of bidders participating especially in apartment re-auctioning. For these, diverse factors are taken into consideration, including ratio of minimum sales value from the point of selling to re-auctioning, number of bidders at the time of selling, investment value of the real estate, and so forth. As an attempt to consider ambiguous and vague factors, this paper presents a comparatively vague concept of real estate and bidders as trapezoid fuzzy number. Two different methods based on the least squares estimation are applied to fuzzy regression model in this paper. The first method is the estimating method applying substitution after obtaining the estimators of regression coefficients, and the other method is to estimate directly from the estimating procedure without substitution. These methods are provided in application for re-auction data, and appropriate performance measure is also provided to compare the accuracies.

• Knowledge Management Research
• /
• v.9 no.4
• /
• pp.113-125
• /
• 2008

Net present value (NPV) and return on investment (ROI) are commonly used to evaluate investment in new technologies. Sometimes, however, measuring the value of investment in new IT becomes very difficult due to its wide scope of application coupled with embedded options in its adoption. Therefore, comprehensive but easily understandable methodologies are needed to solve the complicated problems resulting from the complexity of new technologies. This paper employs a real option analysis to evaluate RFID adoption in the supply chain. Real options analysis should be a better way to evaluate a disruptive technology like RFID. However, the pure (probabilistic) real option rule characterizes the present value of expected cash flows and the expected costs by a single number, which is not realistic in many cases. To solve the problem, this paper considers the real option rule in a more realistic setting, namely, when the present values of expected cash flows and expected costs are estimated by trapezoidal fuzzy numbers.

• Journal of Korea Multimedia Society
• /
• v.7 no.6
• /
• pp.841-850
• /
• 2004

This paper proposes a GA and GDM-based method for removing unnecessary rules and generating relevant rules from the fuzzy rules corresponding to several fuzzy partitions. The aim of proposed method is to find a minimum set of fuzzy rules that can correctly classify all the training patterns. When the fine fuzzy partition is used with conventional methods, the number of fuzzy rules has been enormous and the performance of fuzzy inference system became low. This paper presents the application of GA as a means of finding optimal solutions over fuzzy partitions. In each rule, the antecedent part is made up the membership functions of a fuzzy set, and the consequent part is made up of a real number. The membership functions and the number of fuzzy inference rules are tuned by means of the GA, while the real numbers in the consequent parts of the rules are tuned by means of the gradient descent method. It is shown that the proposed method has improved than the performance of conventional method in formulating and solving a combinatorial optimization problem that has two objectives: to maximize the number of correctly classified patterns and to minimize the number of fuzzy rules.

• Kyungpook Mathematical Journal
• /
• v.54 no.3
• /
• pp.413-423
• /
• 2014

In this article we study different properties of the statistically convergent and statistically null sequence classes of fuzzy real numbers with fuzzy metric, like completeness, solidness, sequence algebra, symmetricity and convergence free.

• Journal of Korean Society of Water and Wastewater
• /
• v.18 no.3
• /
• pp.312-319
• /
• 2004

The optimum dosage control is presumably the goal of every water treatment plant. However it is difficult to determine the dosage rate of coagulant, due to nonlinearity, multivariables and slow response characteristics, etc. To deal with this difficulty, the real number genetic-fuzzy system was used in determining the dosage rate of the coagulant. The genetic algorithms are excellently robust in complex optimization problems. Since it uses randomized operators and searches for the best chromosome without auxiliary informations from a population which consists of codings of parameter set. To apply this algorithms, we made the real number rule table and membership function from the actual operation data of the water treatment plant. We determined optimum dosages of coagulant(LAS) using the fuzzy operation and compared them with the dosage rate of the actual operation data.

• Journal of the Korea Society for Simulation
• /
• v.6 no.2
• /
• pp.105-115
• /
• 1997

Fuzzy simulation predicts the behaviors of real system based on a model by qualitative reasoning methods and simulates the representation of ambiguous values on the real system variables using the theory of fuzzy sets. During the simulation, however, unnecessary behaviors due to the fuzzy representation are created, and the number of states of system variables changing temporally in the time axis is drastically increased. In this paper, we present a new algorithm which eliminates the spurious behaviors from the great number of result values due to the results of the fuzzy operation, and reduces the number of the states by transforming the complex state transition rules. This paper also shows the easy implementation of the simulation by using the existing package while it is difficult on the PC due to the complexities of the calculation.

• Journal of applied mathematics & informatics
• /
• v.29 no.3_4
• /
• pp.831-846
• /
• 2011

There are several methods, in the literature, for finding the fuzzy optimal solution of fully fuzzy transportation problems (transportation problems in which all the parameters are represented by fuzzy numbers). In this paper, the shortcomings of some existing methods are pointed out and to overcome these shortcomings, a new method (based on fuzzy linear programming formulation) is proposed to find the fuzzy optimal solution of unbalanced fuzzy transportation problems with a new representation of trapezoidal fuzzy numbers. The advantages of the proposed method over existing method are discussed. Also, it is shown that it is better to use the proposed representation of trapezoidal fuzzy numbers instead of existing representation of trapezoidal fuzzy numbers for finding the fuzzy optimal solution of fuzzy transportation problems. To illustrate the proposed method a fuzzy transportation problem (FTP) is solved by using the proposed method and the obtained results are discussed. The proposed method is easy to understand and to apply for finding the fuzzy optimal solution of fuzzy transportation problems occurring in real life situations.

• Proceedings of the Korean Institute of Intelligent Systems Conference
• /
• 1998.06a
• /
• pp.517-521
• /
• 1998

DEA(data envelopment analysis) is a non-parametric technique for measuring and evaluating the relative efficiencies of a set of entities with common crisp inputs and outputs. In fact, in a real evaluation problem input and output data of entities often flucturate. These fluctuating data can be represented as linguistic variables characterized by fuzzy numbers. Based on a fundamental CCR model, a fuzzy DEA model is proposed to deal with fuzzy input and output data, Furthermore, a model that extends a fuzzy DEA to a more general case is also proposed with considering the relation between DEA and RA (regression analysis) . the crisp efficiency in CCR modelis extended to an L-R fuzzy number in fuzzy DEA problems to reflect some uncertainty in real evaluation problems.

• Journal of applied mathematics & informatics
• /
• v.15 no.1_2
• /
• pp.333-341
• /
• 2004

In the real world there are many linear programming problems where all decision parameters are fuzzy numbers. Several approaches exist which use different ranking functions for solving these problems. Unfortunately when there exist alternative optimal solutions, usually with different fuzzy value of the objective function for these solutions, these methods can not specify a clear approach for choosing a solution. In this paper we propose a method to remove the above shortcoming in solving fuzzy number linear programming problems using the concept of expectation and variance as ranking functions

• Industrial Engineering and Management Systems
• /
• v.13 no.4
• /
• pp.357-368
• /
• 2014

Since its birth in 1993, fuzzy time series have seen different classes of models designed and applied, such as fuzzy logic relation and rule-based models. These models have both advantages and disadvantages. The major drawbacks with these two classes of models are the difficulties encountered in identification and analysis of the model. Therefore, there is a strong need to explore new alternatives and this is the objective of this paper. By transforming a fuzzy number to a real number via integrating the inverse of the membership function, new autoregressive models can be developed to fit the observation values of a fuzzy time series. With the new models, the issues of model identification and parameter estimation can be addressed; and trends, seasonalities and multivariate fuzzy time series could also be modeled with ease. In addition, asymptotic behaviors of fuzzy time series can be inspected by means of characteristic equations.