Abstract

Abstract In this paper, first the axiomatic fuzzy set (AFS) clustering method [X.D. Liu, W. Wang, T.Y. Chai, The fuzzy clustering analysis based on AFS theory, IEEE Transactions on Systems, Man and Cybernetics Part B 35 (5) (2005) 1013–1027] is investigated further by improving the algorithm to be more applicable, then it is used to analyze the evaluation results of 30 companies which have been studied and analyzed by G.-S. Liang et al. [G.S. Liang, T.Y. Chou, T.C. Han, Cluster analysis based on fuzzy equivalence relation, European Journal of Operational Research 166 (2005) 160–171]. Compared with Liang’s algorithm, the proposed method is more transparent, understandable and interpretable. This method can be applied to the management strategic analysis based on the datasets described by mixed features such as real numbers, Boolean logical values, linguistic descriptions. The illustrative examples show that the interpretations of the clustering results of the 30 companies are almost consistent with the expert’s intuitions.

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.