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Fuzzy risk analysis using similarity measure of interval-valued fuzzy numbers and its application in poultry farming

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Similarity measure plays an important role in the decision-making process under an uncertain environment where parameters involved are linguistics terms. Mostly, similarity measure is discussed on generalized fuzzy numbers. However,… Click to show full abstract

Similarity measure plays an important role in the decision-making process under an uncertain environment where parameters involved are linguistics terms. Mostly, similarity measure is discussed on generalized fuzzy numbers. However, a few efforts have been made to study this measure on interval-valued fuzzy numbers. Sometimes, methods involving interval-valued fuzzy numbers depict limitations and drawbacks. Moreover, some of the methods are just confined to interval-valued fuzzy numbers. Hence, these methods fail when similarity has to be determined between crisp-valued fuzzy numbers and interval-valued fuzzy numbers. Hence, a new method of similarity measure has been developed based on the concepts of geometric distance, heights and the radius of gyration of the interval-valued fuzzy numbers. Although the method is being discussed on interval-valued fuzzy numbers, yet it is not just confined to such numbers. This method can be applied efficiently to generalized fuzzy numbers too. The method seems to out-perform in many situations and overcome the drawbacks and limitations of existing methods. A few sets of fuzzy numbers are considered for a comparative study and draw out the out-performance of the proposed method. A real-life problem of risk analysis in poultry farming has been discussed using the proposed similarity measure.

Keywords: similarity measure; interval valued; fuzzy numbers; valued fuzzy

Journal Title: Applied Intelligence
Year Published: 2018

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