An application of deep reinforcement learning and vendor-managed inventory in perishable supply chain management

N Mohamadi, STA Niaki, M Taher… - Engineering Applications of …, 2024 - Elsevier
This article delves into the challenging supply chain management domain, explicitly
addressing the intricate issue of perishable inventory allocation within a two-echelon supply …

[HTML][HTML] Combining deep reinforcement learning and multi-stage stochastic programming to address the supply chain inventory management problem

F Stranieri, E Fadda, F Stella - International Journal of Production …, 2024 - Elsevier
We introduce a novel heuristic designed to address the supply chain inventory management
problem in the context of a two-echelon divergent supply chain. The proposed heuristic …

[HTML][HTML] Inventory management of new products in retailers using model-based deep reinforcement learning

T Demizu, Y Fukazawa, H Morita - Expert Systems with Applications, 2023 - Elsevier
This study addresses the optimal inventory management problem for new smartphone
products as an effective example of a supply chain with a short product life cycle. The …

Can deep reinforcement learning improve inventory management? performance on lost sales, dual-sourcing, and multi-echelon problems

J Gijsbrechts, RN Boute… - Manufacturing & …, 2022 - pubsonline.informs.org
Problem definition: Is deep reinforcement learning (DRL) effective at solving inventory
problems? Academic/practical relevance: Given that DRL has successfully been applied in …

[HTML][HTML] Deep reinforcement learning for one-warehouse multi-retailer inventory management

I Kaynov, M van Knippenberg, V Menkovski… - International Journal of …, 2024 - Elsevier
Abstract The One-Warehouse Multi-Retailer (OWMR) system is the prototypical distribution
and inventory system. Many OWMR variants exist, eg demand in excess of supply may be …

Reinforcement learning for multi-product multi-node inventory management in supply chains

NN Sultana, H Meisheri, V Baniwal, S Nath… - arXiv preprint arXiv …, 2020 - arxiv.org
This paper describes the application of reinforcement learning (RL) to multi-product
inventory management in supply chains. The problem description and solution are both …

A deep q-network for the beer game: Deep reinforcement learning for inventory optimization

A Oroojlooyjadid, MR Nazari… - … & Service Operations …, 2022 - pubsonline.informs.org
Problem definition: The beer game is widely used in supply chain management classes to
demonstrate the bullwhip effect and the importance of supply chain coordination. The game …

[PDF][PDF] Can deep reinforcement learning improve inventory management

J Gijsbrechts, RN Boute, JA Van Mieghem… - Performance on dual …, 2019 - idisc.lehigh.edu
Is Deep Reinforcement Learning (DRL) effective at solving inventory problems? Given that
DRL has successfully been applied in computer games and robotics, supply chain …

Scalable multi-product inventory control with lead time constraints using reinforcement learning

H Meisheri, NN Sultana, M Baranwal, V Baniwal… - Neural Computing and …, 2022 - Springer
Determining optimum inventory replenishment decisions are critical for retail businesses
with uncertain demand. The problem becomes particularly challenging when multiple …

Applying machine learning to the dynamic selection of replenishment policies in fast-changing supply chain environments

P Priore, B Ponte, R Rosillo… - International Journal of …, 2019 - Taylor & Francis
Firms currently operate in highly competitive scenarios, where the environmental conditions
evolve over time. Many factors intervene simultaneously and their hard-to-interpret …