Fuzzy Hierarchical Model for Risk Assessment: Principles, Concepts, and Practical Applications

Risk management is often complicated by situational uncertainties and the subjective preferences of decision makers. Fuzzy Hierarchical Model for Risk Assessment introduces a fuzzy-based hierarchical approach to solve risk management problems considering both qualitative and quantitative criteria to tackle imprecise information.

This approach is illustrated through number of case studies using examples from the food, fashion and electronics sectors to cover a range of applications includ...