Actor Based Simulation for Closed Loop Control of Supply Chain using Reinforcement Learning.
Souvik BaratHarshad KhadilkarHardik MeisheriVinay KulkarniVinita BaniwalPrashant KumarMonika GajraniPublished in: AAMAS (2019)
Keyphrases
- supply chain
- reinforcement learning
- discrete event simulation
- supply chain management
- profit sharing
- bullwhip effect
- multiagent based simulation
- quantity discount
- decision making
- supplier selection
- inventory management
- capacity planning
- cost savings
- lead time
- economic order quantity
- operating costs
- distribution centers
- service level
- optimal policy
- market demand
- learning algorithm
- uncertain demand
- dynamic programming
- state space
- customer demand
- rfid technology
- multi agent systems
- small and medium size
- pricing model
- resource allocation
- distribution network
- markov decision processes