Tri-Phase Implementation of an Innovative Fuzzy Logic Approach for Decision-Making
This paper proposes a novel approach to decision-making based on a three-phase application of a new fuzzy logic model that embraces the principles of symmetry by balancing competing objectives in data collection and analysis. Our study, which employs a three-stage stratified random sample strategy with a randomized response technique, addresses the critical challenges of cost management and volatility reduction. Using the alpha-cut method, our model creates an effective allocation strategy that finds a balance between cost constraints and variance reduction objectives. We use numerical examples from real-world scenarios to demonstrate our approach’s durability and practicality. Our revolutionary technique maintains data quality and cost-effectiveness while offering a game-changing answer to sensitive information acquisition concerns. By combining randomized response techniques and fuzzy logic, this study establishes a new standard for decision-making models that prioritizes both data-gathering precision and privacy preservation, encapsulating the essential principle of symmetry in balancing competing aims.
Authors
- Tanveer A. Tarray (ORCID: https://orcid.org/0000-0003-4773-715X)
- Olayan Albalawi (ORCID: https://orcid.org/0000-0002-7772-0386)
- Adil Sultan
- Zahoor Ahmad Ganie (ORCID: https://orcid.org/0000-0003-3270-4953)
- Faizan Danish (ORCID: https://orcid.org/0000-0002-0476-9744)
- Zahid Gulzar Khaki (ORCID: https://orcid.org/0000-0003-3619-1323)
Institutions
- SRM University (IN)
- Islamic University of Science and Technology (IN)
- VIT-AP University
- University of Tabuk (SA)
Publication Details
- Journal
- Symmetry
- Published
- 2024-08-05
- DOI
- https://doi.org/10.3390/sym16080994
- Citations
- 1
- Primary Topic
- Survey Sampling and Estimation Techniques
- Type
- article
- Field-Weighted Citation Impact
- 0.71