E3S Web of Conferences (Jan 2021)

Analysis of some indicators by means of fuzzy logic on the example of Azerbaijani energy enterprises

  • Rzayeva Ulviyya,
  • Guliyeva Aida,
  • Jafarova Narmin

DOI
https://doi.org/10.1051/e3sconf/202125002001
Journal volume & issue
Vol. 250
p. 02001

Abstract

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One of the most promising areas of scientific research in the field of analysis, forecasting and modelling of economic phenomena and processes is fuzzy logic. In the article with the use of the fuzzy logic apparatus (Fuzzy Logic toolkit of the MATLAB software package) a model for assessing the development of manufacturing indicators is developed. Key indicators for evaluating the activities of energy enterprises are analysed. The model is based on microeconomic indicators of the enterprises’ efficiency and development. The presented indexes pass through the stage of fuzzification, at which each measure is assigned the membership function; then comes the decision stage; finally, the task ends by the stage of defuzzification, i.e., bringing the resulting fuzzy value to precise ones. The application of the Mamdani fuzzy inference algorithm allows getting an exact value of the consolidated indicator of enterprise development. The resulting value allows making operational management decisions in the energy enterprises in real-time.