In two previous posts we introduced the basic concepts of Fuzzy Logic and linear programming with the Simplex method. As promised, in this post we are going to join these two concepts and introduce fuzzy linear programming. In many real-world…
Modeling and explaining the consumer behavior of a product is very important to know what factors affect their behavior, price being one of these important factors. Let’s take as an example a company X that sells clothing. It is a…
In a previous post, we talked about the basics of linear programming and the Simplex method and, in this article, we are going to give an introduction to an emerging branch of mathematics: Fuzzy Logic. In a later article, we…
What is Linear Programming? The concept of Linear Programming or Linear Optimisation refers to that branch of mathematics that is dedicated to optimising (maximising or minimising) a linear objective function subject to constraints in the form of equations and/or inequalities.…
In the world of data, several programming languages are used and one of the most famous is Python. Among the multitude of tasks it can perform, it is used to read, treat or transform data, when we need to manipulate…
Previously in our blog, we published an article in which, as an introduction, we explained the mathematical basis behind PCA: Principal Component Analysis: A brief mathematical introduction. In this second part, we will leave the theoretical part and look at…
Many times the datasets we have available contain a high number of variables and what we are looking for is to be able to explain the relationship between the variables. We can reduce the dimensionality of the dataset by obtaining…