Publication detail

The Use of Soft Computing Methods for Forecasting in Business, Their Applications in Practice

DOSTÁL, P.

Original Title

The Use of Soft Computing Methods for Forecasting in Business, Their Applications in Practice

Czech Title

Využití metod Soft Computingu pro predikci v podnikatelství, její aplikace v praxi

English Title

The Use of Soft Computing Methods for Forecasting in Business, Their Applications in Practice

Type

journal article

Language

en

Original Abstract

This article introduces utilization of soft computing methods for forecasting in business. The methods are represented by fuzzy logic, neural network and genetic algorithms. The tutorial is focused on explanation of principles of methods. The case studies include their application in practice, such as prediction of prices of products, volume of production, estimation of prices of real estate, evaluation of quality of client creditworthiness, prediction of risk rating of mortgages, the prediction of future trends in financial and economic data, the creation and optimization of portfolios, prediction of prices of shares, indexes, currency ratios, etc. The aim is to be familiar with these methods and their applications.

Czech abstract

Článek se zabývá problematikou využití Soft Computingu pro predikci v podnikatelství, její aplikace v praxi.

English abstract

This article introduces utilization of soft computing methods for forecasting in business. The methods are represented by fuzzy logic, neural network and genetic algorithms. The tutorial is focused on explanation of principles of methods. The case studies include their application in practice, such as prediction of prices of products, volume of production, estimation of prices of real estate, evaluation of quality of client creditworthiness, prediction of risk rating of mortgages, the prediction of future trends in financial and economic data, the creation and optimization of portfolios, prediction of prices of shares, indexes, currency ratios, etc. The aim is to be familiar with these methods and their applications.

Keywords

Soft computing, Forecasting, Business, Practice

RIV year

2012

Released

05.09.2012

Publisher

Springer-Verlag

Location

Berlin Heidelberg

Pages from

49

Pages to

60

Pages count

12

URL