Fuzzy Modeling and Genetic Algorithms for Data Mining and Exploration

Introduction

The Modern Connected World

Business process modeling is often a no-win situation. Developing reliable

business forecasting models requires a successful collaboration between

line management and knowledge engineers. And even where the fusion

of working knowledge and abstract representation is successful, its result

is too often thwarted by the unpredictable dynamics of the real world:

corporate objectives change, companies are bought and sold, and new

products are introduced (or existing products retired). To compound

matters, corporate decision makers and model builders are also faced with

the unprecedented uncertainties and pressures of the rapidly changing

nature of electronic commerce. In fact, as Figure I.1 illustrates, the high

rate ...