Navigation of male moths toward females during the mating search offers a unique perspective on the exploration-exploitation (EE) model in decision-making. This study uses the EE model to explain male moth pheromone-driven flight paths. We leverage wind tunnel measurements and 3D tracking using infrared cameras to gain insights into male moth behavior. During the experiments in the wind tunnel, we add disturbance to the airflow and analyze the effect of increased fluctuations on moth flights in the context of the proposed EE model. We separate the exploration and exploitation phases by applying a genetic algorithm to the dataset of moth 3D trajectories. First, we demonstrate that the exploration-to-exploitation rate (EER) increases with distance from the source of the female pheromone, which can be explained in the context of the EE model. Furthermore, our findings reveal a compelling relationship between EER and increased flow fluctuations near the pheromone source. Using the open-source pheromone plume simulation and our moth-inspired navigation model, we explain why male moths exhibit an enhanced EER as turbulence levels increase, emphasizing the agent's adaptation to dynamically changing environments. This research extends our understanding of optimal navigation strategies based on general biological EE models and supports the development of advanced, theoretically supported bio-inspired navigation algorithms. We provide important insights into the potential of bio-inspired navigation models for addressing complex decision-making challenges.