Abstract

Abstract Similarity measure of fuzzy numbers plays an important role in the risk analysis problem. Generally, it is tool, which gives lingustic term to the risk obtained. In recent times, a vast numbers of literature are evident on application of similarity measure in risk analysis. It has been observed that the existing similarity measure on fuzzy numbers have numerous drawbacks and limitations. Hence, a robust method of similarity measure is necessary. With this point of view, a new method to measure the degree of similarity between fuzzy numbers has been proposed. The method has been discussed based on the concept of value, ambiguity, radius of gyration point, geometric distance and the height of fuzzy numbers. The concept of value and ambiguity have never been used in similarity measure of fuzzy numbers. However, the inclusion of these concepts value and ambiguity contributed in many ways in overcoming the limitations and drawbacks of the existing similarity measures. The out-performance of the proposed method is illustrated by comparing with existing methods of similarity measure. Further the proposed method is effectively applied in risk analysis of poultry farming.

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