A random fuzzy variable is a function from a credibility space to the set of random variables. Chance distribution is a type of mathematical description of random fuzzy variables. This paper presents a sufficient and necessary condition for chance distribution of random fuzzy variables.

Random projection is a popular method for dimensionality reduction due to its simplicity and efficiency. In the past few years, random projection and fuzzy c-means based cluster ensemble approaches have been developed for high dimensional data clustering. However, they require large amounts of space for storing a big affinity matrix, and incur large computation time while clustering in this aff...

in this paper, the portfolio selection problem is considered, where fuzziness and randomness appear simultaneously in optimization process. since return and dividend play an important role in such problems, a new model is developed in a mixed environment by incorporating fuzzy random variable as multi-objective nonlinear model. then a novel interactive approach is proposed to determine the pref...

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In this paper, we present some results on weak laws of large numbers for weighted sums of fuzzy random variables taking values in the space of normal and upper-semicontinuous fuzzy sets with compact support in a separable real Banach space. First, we give weak laws of large numbers for weighted sums of strong-compactly uniformly integrable fuzzy random variables. Then, we consider the case that...

An inventory model for deteriorating items over a fuzzy random planning horizon incorporating inflation and time value of money is studied. It is assumed that planning horizon follows exponential distribution with imprecise parameter. The model is formulated using cost minimization principle. As the fuzzy cost cannot be minimized directly, the possibilistic mean value of the fuzzy cost is found...

Data obtained in association with many real-life random experiments from different fields cannot be perfectly/exactly quantified. Often the underlying imprecision can be suitably described in terms of fuzzy numbers/ values. For these random experiments, the scale of fuzzy numbers/values enables to capture more variability and subjectivity than that of categorical data, and more accuracy and exp...

Uncertain input parameters may result from "fuzziness", "randomness" or "fuzzy randomness". With the use of fuzzy set theory, uncertain input parameters may be described mathematically as fuzzy variables or fuzzy random variables and may be integrated into safety assessment analysis. With the aid of -discretization involving the multiple solution of special optimization problems, fuzzy input pa...

Inventory control is an important field in supply chain management, and a great deal of research efforts have been devoted to it over past few decades. In previous researches, there are some assumptions like that the lead time is an incontrollable variable, and all the items replenished are of perfect quality, and so on. However, those assumptions may not be fit for the real environments, and t...