Research on Value Evaluation Method of Investment Project Based on Fuzzy Composite Real Options

Venture capital investments are characterized by high input,high yield,and high risk.Due to the complexity of the market environment,stage-by-stage investment is becoming increasingly important.Traditional evaluation methods like comparison,proportion,maturity,internal rate of return,scenario analysis,decision trees,and net present value cannot fully consider the uncertainty and stage characteristics of the project.The fuzzy real options method addresses this by combining real option theory,fuzzy number theory,and composite option theory to provide a more accurate and objective evaluation of Public-Private Partnership(PPP)projects.It effectively considers the interaction of options and the ambiguity of project parameters,making it a valuable tool for project evaluation in the context of venture capital investment.

EVOLUTIONARY FUZZY GUIDANCE LAW WITH SELF-ADAPTIVE REGION

Effective guidance is one of the most important tasks to the performance of air-to-air missile. The fuzzy logic controller is able to perform effectively even in situations where the information about the plant is inaccurate and the operating conditions are uncertain. Based on the proportional navigation, the fuzzy logic and the genetic algorithm are combined to develop an evolutionary fuzzy navigation law with self-adapt region for the air-to-air missile guidance. The line of sight (LOS) rate and the closing speed between the missile and the target are inputs of the fuzzy controller. The output of the fuzzy controller is the commanded acceleration. Then a nonlinear function based on the conventional fuzzy logic control is imported to change the region. This nonlinear function can be changed with the input variables. So the dynamic change of the fuzzy variable region is achieved. The guidance law is optimized by the genetic algorithm. Simulation results of air-to-air missile attack using MATLAB show that the method needs less acceleration and shorter flying time, and its realization is simple.[KH*3/4D]

Selecting the Technology of Sodium Silicate Modified Poplar with the Highest Performance by Fuzzy Orthogonal Method

Sodium silicate modification can improve the overall performance of wood.The modification process has a great influence on the properties of modified wood.In this study,a new method was introduced to analyze the wood modification process,and the properties of modified wood were studied.Poplar wood was modified with sodium silicate by vacuum-pressure impregnation.After screening using single-factor experiments,an orthogonal experiment was carried out with solution concentration,impregnation time,impregnation pressure,and the cycle times as experimental factors.The modified poplar with the best properties was selected by fuzzy mathematics and characterized by SEM,FT-IR,XRD and TG.The results showed that some lignin and hemicellulose were removed from the wood due to the alkaline action of sodium silicate,and the orderly crystal area of poplar became disorderly,resulting in the reduction of crystallinity of the modified poplar wood.FT-IR analysis showed that sodium silicate was hydrolyzed to form polysilicic acid in wood,and structural analysis revealed the formation of Si-O-Si and Si-O-C,indicating that sodium silicate reacted with fibers on the wood cell wall.TG-DTG curves showed that the final residual mass of modified poplar wood increased from 25%to 67%,and the temperature of the maximum loss rate decreased from 343℃ to 276℃.The heat release and smoke release of modified poplar wood decreased obviously.This kind of material with high strength and fire resistance can be used in the outdoor building and indoor furniture.

Analysis of Landscape Vitality of Historical and Cultural Blocks Based on AHPFuzzy Comprehensive Evaluation Method:A Case Study of Daopashi Street in Anqing City

Historical and cultural blocks are witnesses of history and inheritors of culture. As one of the main spaces for outdoor interaction in historical and cultural blocks, the improvement of its vitality is of great significance for the improvement of residential environment and the better inheritance of history and culture. Taking Daopashi Street in Anqing City as an example, an evaluation model of landscape spatial vitality of historical and cultural blocks was constructed from three aspects of viewing function, store status and service facilities, and analytic hierarchy process was used to determine the index weight and vaguely evaluate the landscape spatial vitality of historical and cultural blocks. The results show that through the comparison of weight, architectural style(0.317), the practicability of service facilities(0.168) and plant landscape(0.165) had a significant impact on the landscape spatial vitality of historical and cultural blocks,and the landscape spatial vitality of historical and cultural blocks in Daopashi Street in Anqing City was at a good level.

Acid-pickling plates and strips speed control system by microwave heating based on self-adaptive fuzzy PID algorithm

Double self-adaptive fuzzy PID algorithm-based control strategy was proposed to construct quasi-cascade control system to control the speed of the acid-pickling process of titanium plates and strips. It is very useful in overcoming non-linear dynamic behavior, uncertain and time-varying parameters, un-modeled dynamics, and couples between the automatic turbulence control (ATC) and the automatic acid temperature control (AATC) with varying parameters during the operation process. The quasi-cascade control system of inner and outer loop self-adaptive fuzzy PID controller was built, which could effectively control the pickling speed of plates and strips. The simulated results and real application indicate that the plates and strips acid pickling speed control system has good performances of adaptively tracking the parameter variations and anti-disturbances, which ensures the match of acid pickling temperature and turbulence of flowing with acid pickling speed, improving the surface quality of plates and strips acid pickling, and energy efficiency.

Self-adaptive one-dimensional nonlinear finite element method based on element energy projection method

The element energy projection （EEP） method for computation of super- convergent resulting in a one-dimensional finite element method （FEM） is successfully used to self-adaptive FEM analysis of various linear problems, based on which this paper presents a substantial extension of the whole set of technology to nonlinear problems. The main idea behind the technology transfer from linear analysis to nonlinear analysis is to use Newton＇s method to linearize nonlinear problems into a series of linear problems so that the EEP formulation and the corresponding adaptive strategy can be directly used without the need for specific super-convergence formulation for nonlinear FEM. As a re- sult, a unified and general self-adaptive algorithm for nonlinear FEM analysis is formed. The proposed algorithm is found to be able to produce satisfactory finite element results with accuracy satisfying the user-preset error tolerances by maximum norm anywhere on the mesh. Taking the nonlinear ordinary differential equation （ODE） of second-order as the model problem, this paper describes the related fundamental idea, the imple- mentation strategy, and the computational algorithm. Representative numerical exam- ples are given to show the efficiency, stability, versatility, and reliability of the proposed approach.

Self-adaptive strategy for one-dimensional finite element method based on EEP method with optimal super-convergence order

Based on the newly-developed element energy projection （EEP） method with optimal super-convergence order for computation of super-convergent results, an improved self-adaptive strategy for one-dimensional finite element method （FEM） is proposed. In the strategy, a posteriori errors are estimated by comparing FEM solutions to EEP super-convergent solutions with optimal order of super-convergence, meshes are refined by using the error-averaging method. Quasi-FEM solutions are used to replace the true FEM solutions in the adaptive process. This strategy has been found to be simple, clear, efficient and reliable. For most problems, only one adaptive step is needed to produce the required FEM solutions which pointwise satisfy the user specified error tolerances in the max-norm. Taking the elliptical ordinary differential equation of the second order as the model problem, this paper describes the fundamental idea, implementation strategy and computational algorithm and representative numerical examples are given to show the effectiveness and reliability of the proposed approach.

SELF-ADAPTIVE STRATEGY FOR ONE-DIMENSIONAL FINITE ELEMENT METHOD BASED ON ELEMENT ENERGY PROJECTION METHOD

Based on the newly-developed element energy projection （EEP） method for computation of super-convergent results in one-dimensional finite element method （FEM）, the task of self-adaptive FEM analysis was converted into the task of adaptive piecewise polynomial interpolation. As a result, a satisfactory FEM mesh can be obtained, and further FEM analysis on this mesh would immediately produce an FEM solution which usually satisfies the user specified error tolerance. Even though the error tolerance was not completely satisfied, one or two steps of further local refinements would be sufficient. This strategy was found to be very simple, rapid, cheap and efficient. Taking the elliptical ordinary differential equation of second order as the model problem, the fundamental idea, implementation strategy and detailed algorithm are described. Representative numerical examples are given to show the effectiveness and reliability of the proposed approach.

The control of welding wire feed self-adaptive mechanism based on fuzzy PID

The welding wire feed mechanism is an important component of welding equipment, both reliability and stabilization are the premise that the welding quality can be ensured. The PID is currently adapted to control the welding wire feed mechanism, although the fuzzy PID has advantage of fast response and adaptation, the precision of fuzzy PID is lower. Accordingly, the fuzzy self-adaptive PID controller was proposed through changing fuzzy input variables and output variables based on variable universe, simple furwtion is adopted as scaling factor, the fuzzy PID controller parameters are adjusted to improve the precision and adjustment range. Simulation results show that control effects of fuzzy self-adaptive PID adopted by the welding wire feed mechanism have good adaptive ability and robustness based on variable universe, the welding experiments indicate that the welding quality met the requirements actually.

Self-adaptive fuzzy controller with formulary rule for servo control of discharge gap in Micro EDM

In micro electrical discharge machining （micro EDM）, it is difficult for servo controlling the narrow discharge gap with the characters of non-linear and quick change. In this paper, aiming at solving the problems above, a self-adaptive fuzzy controller with formulary rule （SAFCFR） is presented based on the dual feedbacks composed by gap electric signal and discharge-ratio statistics. To ensure the properties of self-optimizing and fast stabilization, the formulary rule was designed with a tuning factor. In addition, the fast-convergence algorithms were introduced to adjust control target center and output scale factor. In this way, the normal discharge ratio can tend to the highest value during micro-EDM process. Experimental results show that the proposed algorithms are effective in improving the servo-control performance. According to the drilling-micro-EDM experiments, the machining efficiency is improved by 20% through applying SAFCFR. Moreover, SAFCFR is a prompt way to optimize parameters of discharge-gap servo control.

Aggregation operators and CRITIC-VIKOR method for confidence complex q-rung orthopair normal fuzzy information and their applications

Supply chain management is an essential part of an organisation's sustainable programme.Understanding the concentration of natural environment,public,and economic influence and feasibility of your suppliers and purchasers is becoming progressively familiar as all industries are moving towards a massive sustainable potential.To handle such sort of developments in supply chain management the involvement of fuzzy settings and their generalisations is playing an important role.Keeping in mind this role,the aim of this study is to analyse the role and involvement of complex q-rung orthopair normal fuzzy(CQRONF)information in supply chain management.The major impact of this theory is to analyse the notion of confidence CQRONF weighted averaging,confidence CQRONF ordered weighted averaging,confidence CQRONF hybrid averaging,confidence CQRONF weighted geometric,confidence CQRONF ordered weighted geometric,confidence CQRONF hybrid geometric operators and try to diagnose various properties and results.Furthermore,with the help of the CRITIC and VIKOR models,we diagnosed the novel theory of the CQRONF-CRITIC-VIKOR model to check the sensitivity analysis of the initiated method.Moreover,in the availability of diagnosed operators,we constructed a multi-attribute decision-making tool for finding a beneficial sustainable supplier to handle complex dilemmas.Finally,the initiated operator's efficiency is proved by comparative analysis.

Solving Multi-Objective Linear Programming Problem by Statistical Averaging Method with the Help of Fuzzy Programming Method

A multi-objective linear programming problem is made from fuzzy linear programming problem. It is due the fact that it is used fuzzy programming method during the solution. The Multi objective linear programming problem can be converted into the single objective function by various methods as Chandra Sen’s method, weighted sum method, ranking function method, statistical averaging method. In this paper, Chandra Sen’s method and statistical averaging method both are used here for making single objective function from multi-objective function. Two multi-objective programming problems are solved to verify the result. One is numerical example and the other is real life example. Then the problems are solved by ordinary simplex method and fuzzy programming method. It can be seen that fuzzy programming method gives better optimal values than the ordinary simplex method.

Arithmetic Operations of Generalized Trapezoidal Picture Fuzzy Numbers by Vertex Method

In this article, we define the arithmetic operations of generalized trapezoidal picture fuzzy numbers by vertex method which is assembled on a combination of the (α, γ, β)-cut concept and standard interval analysis. Various related properties are explored. Finally, some computations of picture fuzzy functions over generalized picture fuzzy variables are illustrated by using our proposed technique.

Upper and Lower Bounds of the α-Universal Triple I Method for Unified Interval Implications

Theα-universal triple I(α-UTI)method is a recognized scheme in the field of fuzzy reasoning,whichwas proposed by our research group previously.The robustness of fuzzy reasoning determines the quality of reasoning algorithms to a large extent,which is quantified by calculating the disparity between the output of fuzzy reasoning with interference and the output without interference.Therefore,in this study,the interval robustness(embodied as the interval stability)of theα-UTI method is explored in the interval-valued fuzzy environment.To begin with,the stability of theα-UTI method is explored for the case of an individual rule,and the upper and lower bounds of its results are estimated,using four kinds of unified interval implications(including the R-interval implication,the S-interval implication,the QL-interval implication and the interval t-norm implication).Through analysis,it is found that theα-UTI method exhibits good interval stability for an individual rule.Moreover,the stability of theα-UTI method is revealed in the case of multiple rules,and the upper and lower bounds of its outcomes are estimated.The results show that theα-UTI method is stable for multiple rules when four kinds of unified interval implications are used,respectively.Lastly,theα-UTI reasoning chain method is presented,which contains a chain structure with multiple layers.The corresponding solutions and their interval perturbations are investigated.It is found that theα-UTI reasoning chain method is stable in the case of chain reasoning.Two application examples in affective computing are given to verify the stability of theα-UTImethod.In summary,through theoretical proof and example verification,it is found that theα-UTImethod has good interval robustness with four kinds of unified interval implications aiming at the situations of an individual rule,multi-rule and reasoning chain.

A mango biological fingerprint anti-counterfeiting method based on Fuzzy C-means clustering

The anti-counterfeiting of agricultural products plays an important role in protecting the rights and interests of consumers and maintaining the healthy development of the food market.Traditional anti-counterfeiting technology mainly relies on anti-counterfeiting features of packaging or labeling,which has the risk of being copied and reused.Biological fingerprint anti-counterfeiting is a method of anti-counterfeiting that takes the biological fingerprint of agricultural products as the anti-counterfeiting feature.This paper aims to take the distribution of lenticels on the surface of mango as a biological fingerprint,and propose a mango biological fingerprint anti-counterfeiting method.As the mango ripens,the peel color of mango will change significantly,which will affect the accuracy of anti-counterfeiting identification.In this paper,the images of ripe mangoes are classified by Fuzzy C-means clustering,and appropriate image enhancement technology is used to highlight the features.The results show that the mango biological fingerprint anti-counterfeiting method based on Fuzzy C-means clustering has good accuracy and robustness,and effectively reduces the impact of peel color change on anti-counterfeiting identification during mango ripening.These results support that it is feasible to use the lenticels distribution of mango as a biological fingerprint.In this paper,a computer vision anti-counterfeiting method based on lenticels distribution is proposed.

An Evidence-Based CoCoSo Framework with Double Hierarchy Linguistic Data for Viable Selection of Hydrogen Storage Methods

Hydrogen is the new age alternative energy source to combat energy demand and climate change.Storage of hydrogen is vital for a nation’s growth.Works of literature provide different methods for storing the produced hydrogen,and the rational selection of a viable method is crucial for promoting sustainability and green practices.Typically,hydrogen storage is associated with diverse sustainable and circular economy(SCE)criteria.As a result,the authors consider the situation a multi-criteria decision-making(MCDM)problem.Studies infer that previous models for hydrogen storage method(HSM)selection(i)do not consider preferences in the natural language form;(ii)weights of experts are not methodically determined;(iii)hesitation of experts during criteria weight assessment is not effectively explored;and(iv)three-stage solution of a suitable selection of HSM is unexplored.Driven by these gaps,in this paper,authors put forward a new integrated framework,which considers double hierarchy linguistic information for rating,criteria importance through inter-criteria correlation(CRITIC)for expert weight calculation,evidence-based Bayesian method for criteria weight estimation,and combined compromise solution(CoCoSo)for ranking HSMs.The applicability of the developed framework is testified by using a case example of HSM selection in India.Sensitivity and comparative analysis reveal the merits and limitations of the developed framework.

Fully Completed Spherical Fuzzy Approach-Based Z Numbers(PHIModel)for Enhanced Group Expert Consensus

This study aims to establish an expert consensus and enhance the efficacy of decision-making processes by integrating Spherical Fuzzy Sets(SFSs)and Z-Numbers(SFZs).A novel group expert consensus technique,the PHImodel,is developed to address the inherent limitations of both SFSs and the traditional Delphi technique,particularly in uncertain,complex scenarios.In such contexts,the accuracy of expert knowledge and the confidence in their judgments are pivotal considerations.This study provides the fundamental operational principles and aggregation operators associated with SFSs and Z-numbers,encompassing weighted geometric and arithmetic operators alongside fully developed operators tailored for SFZs numbers.Subsequently,a case study and comparative analysis are conducted to illustrate the practicality and effectiveness of the proposed operators and methodologies.Integrating the PHI model with SFZs numbers represents a significant advancement in decision-making frameworks reliant on expert input.Further,this combination serves as a comprehensive tool for decision-makers,enabling them to achieve heightened levels of consensus while concurrently assessing the reliability of expert contributions.The case study results demonstrate the PHI model’s utility in resolving complex decision-making scenarios,showcasing its ability to improve consensus-building processes and enhance decision outcomes.Additionally,the comparative analysis highlights the superiority of the integrated approach over traditional methodologies,underscoring its potential to revolutionize decision-making practices in uncertain environments.

Numerical investigation on MHD Jeffery-Hamel nanofluid flow with different nanoparticles using fuzzy extension of generalized dual parametric homotopy algorithm

This study considers an MHD Jeffery-Hamel nanofluid flow with distinct nanoparticles such as copper,Al_(2)O_(3)and SiO_(2)between two rigid non-parallel plane walls with the fuzzy extension of the generalized dual parametric homotopy algorithm.The nanofluids have been formulated to enhance the thermophysical characteristics of fluids,including thermal diffusivity,conductivity,convective heat transfer coefficients and viscosity.Due to the presence of distinct nanofluids,a change in the value of volume fraction occurs that influences the velocity profiles of the flow.The short value of nanoparticles volume fraction is considered an uncertain parameter and represented in a triangular fuzzy number range among[0.0,0.1,0.2].A novel generalized dual parametric homotopy algorithm with fuzzy extension is used here to study the fuzzy velocities at various channel positions.Finally,the effectiveness of the proposed approach has been demonstrated through a comparison with the available results in the crisp case.

Exploring Taiwan’s China Landscape Painting Aesthetic Preferences Through Evaluation Grid Method and the Continuous Fuzzy Kano Model

The primary objective of this study is to apply the Evaluation Grid Method(EGM)and the continuous fuzzy Kano quality model to explore the cognitive preferences of Taiwan China residents regarding the beauty of Taiwan’s China landscape paintings.The aim is to contribute to the development of social and cultural art and promote the widespread appeal of art products.Through a literature review,consultations with aesthetic experts,and the application of Miryoku Engineering’s EGM,this paper consolidates the factors that contribute to the attractiveness of painting art products among Taiwan China residents,taking into account various aesthetic qualities.Simultaneously,the paper introduces the use of the triangular fuzzy golden ratio scale semantics,specifically the equal-ratio aesthetic scale semantics,as a replacement for the traditional subjective consciousness model.Departing from the traditional discrete Kano model that employs the mode as the standard for evaluating quality,this study applies triangular fuzzy numbers to the continuous Kano quality model to analyze the diverse preferences and evaluation standards of the public.The hope is that this research methodology will not only deepen Taiwan China residents’understanding and aesthetic literacy of painting art but also serve as a reference for the popularization of art products.

Fuzzy Inventory Model under Selling Price Dependent Demand and Variable Deterioration with Fully Backlogged Shortages

The objective is to develop a model considering demand dependent on selling price and deterioration occurs after a certain period of time, which follows two-parameter Weibull distribution. Shortages are allowed and fully backlogged. Fuzzy optimal solution is obtained by considering hexagonal fuzzy numbers and for defuzzification Graded Mean Integration Representation Method. A numerical example is provided for the illustration of crisp and fuzzy, both models. To observe the effect of changes in parameters, sensitivity analysis is carried out.