February 2005
Beginner to intermediate
540 pages
14h 9m
English
Content preview from Fuzzy Modeling and Genetic Algorithms for Data Mining and Exploration
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Chapter 5 Fundamental Concepts of Fuzzy Systems
Price
positioning
Expert
knowledge
Sales
In order to gain marketshare
Our Price must be Low
Marketing
If the Competition’s Price is not
very High then our Price should
be near the Competition’s Price
Manufacturing
Our Price must be around
Twice The Manufacturing Costs
Finance
In order to cover costs
Our Price must be High
$ $
Fuzzy
modeling
system
Price
Knowledge
engineer
?
??
?
?
Figure 5.27 The pricing model multiple peer fusion.
illustrates, the model does follow, however, our general architecture for
a fuzzy model.
There are only two vocabulary (or predefined) fuzzy sets for the pricing
model, and these are associated ...
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