THE IMPLEMENTATION OF FUZZY SETS IN DECISION MAKING PROCESS




Abstract:
The focus of this paper is the system for supporting financial decision-making as well as the possibility of its upgrading in order to get close to the conditions that apply and exist within real business environment. In this paper, the problems of defining the relevant criteria will be considered, as well as the presentation and implementation of an adequate model for evaluating the company that appears as the loan applicant. Within the paper, the model for financial decision support is defined, based on fuzzy logic and applicable within banking sector. Therefore, the aim of this paper is to improve financial decision-making process in the banks by applying the concepts and models related to decision support systems, with the strong focus on decision-making support systems based on knowledge and intelligent decision support systems.

CITATION:

IEEE format

S. Konjikušić, G. Radojević, A. Vjetrov, “The Implementation of Fuzzy Sets in Decision Making Process,” in FINIZ 2020 - People in the focus of process automation, Belgrade, Singidunum University, Serbia, 2020, pp. 112-117. doi: 10.15308/finiz-2020-112-117 

APA format

Konjikušić, S., Radojević, G., Vjetrov, A. (2020). The Implementation of Fuzzy Sets in Decision Making Process. Paper presented at FINIZ 2020 - People in the focus of process automation. doi:10.15308/finiz-2020-112-117

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