FORECASTING OF SHIP’S CONSTRUCTION COST BY USING THE METHOD OF THE FUZZY SETS THEORY
In order to take a rational decision about construction of a ship it is necessary to have an adequate predictive estimate of a construction cost. Traditional forecasting methods do not provide the required level of reliability of a shipyard’s cost estimates. The method of cost forecasting based on f...
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Real Economics Publishing House
2014
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oai:doaj.org-article:f3d0c4a62b054936955fbcae66be088e2021-11-19T10:41:57ZFORECASTING OF SHIP’S CONSTRUCTION COST BY USING THE METHOD OF THE FUZZY SETS THEORY2618-947X2618-998410.17747/2078-8886-2012-2-74-80https://doaj.org/article/f3d0c4a62b054936955fbcae66be088e2014-10-01T00:00:00Zhttps://www.jsdrm.ru/jour/article/view/110https://doaj.org/toc/2618-947Xhttps://doaj.org/toc/2618-9984In order to take a rational decision about construction of a ship it is necessary to have an adequate predictive estimate of a construction cost. Traditional forecasting methods do not provide the required level of reliability of a shipyard’s cost estimates. The method of cost forecasting based on fuzzy logic system is proposed. This method has several advantages, including: use of fuzzy initial information for forecasting; increase of the result’s validity due to the potential of use all relevant information for forecasting. In view of the aforesaid it increases the validity of management decisions and has a positive impact on the overall economic sustainability of an enterprise.M. Y. AlekhinV. V. RaevReal Economics Publishing House articlefuzzy logiccost forecastingconstruction cost of a shipshipbuildingRisk in industry. Risk managementHD61RU Strategičeskie Rešeniâ i Risk-Menedžment, Vol 0, Iss 2, Pp 74-80 (2014) |
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fuzzy logic cost forecasting construction cost of a ship shipbuilding Risk in industry. Risk management HD61 |
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fuzzy logic cost forecasting construction cost of a ship shipbuilding Risk in industry. Risk management HD61 M. Y. Alekhin V. V. Raev FORECASTING OF SHIP’S CONSTRUCTION COST BY USING THE METHOD OF THE FUZZY SETS THEORY |
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In order to take a rational decision about construction of a ship it is necessary to have an adequate predictive estimate of a construction cost. Traditional forecasting methods do not provide the required level of reliability of a shipyard’s cost estimates. The method of cost forecasting based on fuzzy logic system is proposed. This method has several advantages, including: use of fuzzy initial information for forecasting; increase of the result’s validity due to the potential of use all relevant information for forecasting. In view of the aforesaid it increases the validity of management decisions and has a positive impact on the overall economic sustainability of an enterprise. |
format |
article |
author |
M. Y. Alekhin V. V. Raev |
author_facet |
M. Y. Alekhin V. V. Raev |
author_sort |
M. Y. Alekhin |
title |
FORECASTING OF SHIP’S CONSTRUCTION COST BY USING THE METHOD OF THE FUZZY SETS THEORY |
title_short |
FORECASTING OF SHIP’S CONSTRUCTION COST BY USING THE METHOD OF THE FUZZY SETS THEORY |
title_full |
FORECASTING OF SHIP’S CONSTRUCTION COST BY USING THE METHOD OF THE FUZZY SETS THEORY |
title_fullStr |
FORECASTING OF SHIP’S CONSTRUCTION COST BY USING THE METHOD OF THE FUZZY SETS THEORY |
title_full_unstemmed |
FORECASTING OF SHIP’S CONSTRUCTION COST BY USING THE METHOD OF THE FUZZY SETS THEORY |
title_sort |
forecasting of ship’s construction cost by using the method of the fuzzy sets theory |
publisher |
Real Economics Publishing House |
publishDate |
2014 |
url |
https://doaj.org/article/f3d0c4a62b054936955fbcae66be088e |
work_keys_str_mv |
AT myalekhin forecastingofshipsconstructioncostbyusingthemethodofthefuzzysetstheory AT vvraev forecastingofshipsconstructioncostbyusingthemethodofthefuzzysetstheory |
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1718420230076628992 |