Strategic planning can be partially automated by using knowledge captured from experts and employing specific inference techniques. Fuzzy Cognitive Maps (FCMs) is such a method which creates models as acollection of concepts and of various causal relationships that exist between concepts. Scenarios can be built and by means of FCMs' dynamical behaviour, prediction of the consequences becomes possible. The predicted outcome can serve for thedetennination of the suitable strategy. Extended Fuzzy Cognilive Maps (EFCMs) have been proposed by the authors. A new kind of feedback is performed in the system by the introduction of memory and decay mechanisms and the representing capabilities of the models are increased. The EFCM design is presented by means of an example application.
Strategic Planning, Fuzzy Cognitive Maps, Extended Fuzzy Cognitive Maps
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