Journal of Industrial Engineering and Management (May 2014)

Evaluation of Enterprise Performance Based on FLI-GA Model

  • Shouyi Zhang,
  • Xiaomin Zhu,
  • Jiandong Geng,
  • Runtong Zhang

DOI
https://doi.org/10.3926/jiem.959
Journal volume & issue
Vol. 7, no. 2
pp. 373 – 389

Abstract

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Purpose: There are many kinds of methods to evaluate the performance of enterprise, but they still have some distinct shortcomings. In order to achieve a better evaluation result, we put forward a new model named FLI-GA (Fuzzy logic inference & Genetic algorithm). Approach: This model, mainly based on the fuzzy logic inference method, uses fuzzy rule-based system (FRBS) to avoid the drawbacks of FRBS. Genetic algorithm is applied in this model. Findings: FLI-GA model can be used to evaluate certain enterprise performance, and its evaluation results are more accurate than fuzzy logic inference method. Originality: This model combines the genetic algorithm with the unclear reasoning methods so as to make the appraisal results more reasonable and more satisfying.

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