Tri-Phase Implementation of an Innovative Fuzzy Logic Approach for Decision-Making

This paper proposes a novel approach to decision-making based on a three-phase application of a new fuzzy logic model that embraces the principles of symmetry by balancing competing objectives in data collection and analysis. Our study, which employs a three-stage stratified random sample strategy w...

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Bibliographic Details
Published in:Symmetry (Basel) 2024-08, Vol.16 (8), p.994
Main Authors: Tarray, Tanveer Ahmad, Khaki, Zahid Gulzar, Ganie, Zahoor Ahmad, Sultan, Adil, Danish, Faizan, Albalawi, Olayan
Format: Article
Language:English
Subjects:
Balancing
Cost analysis
Cost effectiveness
Costs
Data collection
Data mining
Data processing
Decision making
Design
Fuzzy logic
optimal allocation
Optimization techniques
Polls & surveys
Privacy
Probability
sensitive attributes
Statistical inference
Strategy
stratified sampling
Symmetry
Systems design
tri-phase implementation
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Summary:This paper proposes a novel approach to decision-making based on a three-phase application of a new fuzzy logic model that embraces the principles of symmetry by balancing competing objectives in data collection and analysis. Our study, which employs a three-stage stratified random sample strategy with a randomized response technique, addresses the critical challenges of cost management and volatility reduction. Using the alpha-cut method, our model creates an effective allocation strategy that finds a balance between cost constraints and variance reduction objectives. We use numerical examples from real-world scenarios to demonstrate our approach’s durability and practicality. Our revolutionary technique maintains data quality and cost-effectiveness while offering a game-changing answer to sensitive information acquisition concerns. By combining randomized response techniques and fuzzy logic, this study establishes a new standard for decision-making models that prioritizes both data-gathering precision and privacy preservation, encapsulating the essential principle of symmetry in balancing competing aims.
ISSN:2073-8994
2073-8994
DOI:10.3390/sym16080994