Fuzzy Logic & Managerial Decision Making Process

Fuzzy sets and fuzzy logic are powerful mathematical tools for modeling and controlling uncertain systems in industry, humanity, and nature; they are facilitators for approximate reasoning in decision making in the absence of complete and precise information. Their role is significant when applied to complex phenomena not easily described by traditional mathematics. Companies deal with many decision-making processes whose impact on the global performance can be very strong. Considering the imprecise or fuzzy nature of the data in real-world problems, it becomes obvious that the ability of managing uncertainty turns to be a crucial issue. The present study is a short introduction in the theory of the fuzzy sets. In this paper I will also try to presents some aspects of the application of the fuzzy logics in finding the decision-making process related to the management.