Can Deep Reinforcement Learning Improve Inventory Management? Performance on Lost Sales, Dual-Sourcing, and Multi-Echelon Problems.
Joren GijsbrechtsRobert N. BouteJan A. Van MieghemDennis J. ZhangPublished in: Manuf. Serv. Oper. Manag. (2022)
Keyphrases
- inventory management
- lost sales
- supply chain
- lead time
- reinforcement learning
- optimal policy
- robust optimization
- inventory models
- inventory systems
- markov decision processes
- supply chain management
- infinite horizon
- dynamic programming
- learning algorithm
- steady state
- linear program
- markov chain
- decision makers
- single item
- upper bound
- inventory control