Methods in Business Optimization

Abstract

There are some tasks that nature manages to perform very easily but which algorithms designed by human beings cannot complete. We can find these tasks in complicated and variable environments. Mathematicians have turned their attention to nature, and on the basis of analogy they created the fuzzy logic, neural networks, and evolutionary algorithms theories. There are various areas of use, such as optimization in management, risk management, decision making, the stock market, technology control, simulation, prediction, cluster analyses, and other branches of applications in business.