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...
| Main Authors: | , |
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| Format: | Article |
| Language: | Russian |
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Real Economics Publishing House
2014-10-01
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| Series: | Strategičeskie Rešeniâ i Risk-Menedžment |
| Subjects: | |
| Online Access: | https://www.jsdrm.ru/jour/article/view/110 |
| Summary: | 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. |
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| ISSN: | 2618-947X 2618-9984 |