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

J Gijsbrechts, RN Boute, JA Van Mieghem… - Performance on dual …, 2019 - idisc.lehigh.edu
… The first uses deep neural … a deep reinforcement learning (DRL) agent to play the beer
game, a popular classroom activity that demonstrates certain aspects of inventory management. …

[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
… Thus, when the target is a new product, it is difficult to optimize inventory control from its …
deep reinforcement learning with high sample efficiency and propose an inventory management

Reward shaping to improve the performance of deep reinforcement learning in perishable inventory management

BJ De Moor, J Gijsbrechts, RN Boute - European Journal of Operational …, 2022 - Elsevier
… Because it is conventional in computer science literature to ‘maximize rewards’ instead of
‘minimizing costs’ in inventory management, we will define the reward as the negation of the …

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

I Kaynov, M van Knippenberg, V Menkovski… - International Journal of …, 2024 - Elsevier
Deep Reinforcement Learning (DRL) is a general purpose technique for sequential decision
making that has yielded good results for various challenging inventory … warehouse inventory

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

J Gijsbrechts, RN Boute… - … Management, 2022 - pubsonline.informs.org
… To allow for a stringent performance analysis of the A3C algorithm in inventory management,
we develop two sets of experiments. The first experiment considers small-scale settings for …

[PDF][PDF] A deep reinforcement learning approach to supply chain inventory management

F Stranieri, F Stella - arXiv preprint arXiv:2204.09603, 2022 - ewrl.wordpress.com
This paper leverages recent developments in reinforcement learning and deep learning to
solve the supply chain inventory management (SCIM) problem, a complex sequential decision…

[HTML][HTML] Deep reinforcement learning for inventory control: A roadmap

RN Boute, J Gijsbrechts, W Van Jaarsveld… - European Journal of …, 2022 - Elsevier
… As we have recently witnessed some applications of DRL in inventory management, we
believe the technique also bears substantial further promise for our field. The most apparent …

Inventory control of multiple perishable goods using deep reinforcement learning for sustainable environment

M Selukar, P Jain, T Kumar - Sustainable Energy Technologies and …, 2022 - Elsevier
… paper proposes use of Deep Reinforcement Learning (RL) techniques for the inventory
management of perishable goods. The paper models the retailers inventory limitation factors and …

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

A Oroojlooyjadid, MR Nazari… - … Management, 2022 - pubsonline.informs.org
… Methodology: We propose a deep reinforcement learning (RL) algorithm to play the beer
game. Our algorithm makes no assumptions about costs or other settings. As with any …

[HTML][HTML] Hybrid algorithm based on reinforcement learning for smart inventory management

C Cuartas, J Aguilar - Journal of intelligent manufacturing, 2023 - Springer
… algorithm based on reinforcement learning and the inventory management methodology called
… For this, the inventory management problem is formulated as a Markov Decision Process …