Fuzzy based approach for Temporary objective identification

Abstract

This paper presents a new fuzzy-based approach which identifies the most effective temporary objective of an enterprise, which is usually set based on the pure judgment of top management members or enterprise's experts. The method is based on fuzzy-decision-making system and makes robust utilization of enterprise's experts' knowledge, intuition and expertise. A simple illustrative example is provided to demonstrate how the method can be efficiently and effectively used in practice. The proposed approach can be used to identify the short-term objective of any profit- making-enterprise, and is specially applicable to business industries that are full of qualitative, stochastic, uncertain, and vague variables such as the case in automobile business (e.g., cars, trucks, gears, bearings etc), and is generally applicable to any other business sector. 

Keywords: Temporary Objectives, fuzzy decision-making-system, fuzzy expert-system