Deep reinforcement learning for inventory control: a roadmap

Detalhes bibliográficos
Autor(a) principal: Boute, Robert N.
Data de Publicação: 2021
Outros Autores: Gijsbrechts, Joren, Jaarsveld, Willem van, Vanvuchelen, Nathalie
Tipo de documento: Artigo
Idioma: eng
Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
Texto Completo: http://hdl.handle.net/10400.14/34576
Resumo: Deep reinforcement learning (DRL) has shown great potential for sequential decision-making, including early developments in inventory control. Yet, the abundance of choices that come with designing a DRL algorithm, combined with the intense computational effort to tune and evaluate each choice, may hamper their application in practice. This paper describes the key design choices of DRL algorithms to facilitate their implementation in inventory control. We also shed light on possible future research avenues that may elevate the current state-of-the-art of DRL applications for inventory control and broaden their scope by leveraging and improving on the structural policy insights within inventory research. Our discussion and roadmap may also spur future research in other domains within operations management.
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spelling Deep reinforcement learning for inventory control: a roadmapInventory managementMachine learningNeural networksReinforcement learningDeep reinforcement learning (DRL) has shown great potential for sequential decision-making, including early developments in inventory control. Yet, the abundance of choices that come with designing a DRL algorithm, combined with the intense computational effort to tune and evaluate each choice, may hamper their application in practice. This paper describes the key design choices of DRL algorithms to facilitate their implementation in inventory control. We also shed light on possible future research avenues that may elevate the current state-of-the-art of DRL applications for inventory control and broaden their scope by leveraging and improving on the structural policy insights within inventory research. Our discussion and roadmap may also spur future research in other domains within operations management.Veritati - Repositório Institucional da Universidade Católica PortuguesaBoute, Robert N.Gijsbrechts, JorenJaarsveld, Willem vanVanvuchelen, Nathalie2021-09-01T13:34:58Z2022-04-162022-04-16T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttp://hdl.handle.net/10400.14/34576eng0377-221710.1016/j.ejor.2021.07.01685111846139000742431300001info:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2024-01-16T01:42:45Zoai:repositorio.ucp.pt:10400.14/34576Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-19T18:28:01.648012Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse
dc.title.none.fl_str_mv Deep reinforcement learning for inventory control: a roadmap
title Deep reinforcement learning for inventory control: a roadmap
spellingShingle Deep reinforcement learning for inventory control: a roadmap
Boute, Robert N.
Inventory management
Machine learning
Neural networks
Reinforcement learning
title_short Deep reinforcement learning for inventory control: a roadmap
title_full Deep reinforcement learning for inventory control: a roadmap
title_fullStr Deep reinforcement learning for inventory control: a roadmap
title_full_unstemmed Deep reinforcement learning for inventory control: a roadmap
title_sort Deep reinforcement learning for inventory control: a roadmap
author Boute, Robert N.
author_facet Boute, Robert N.
Gijsbrechts, Joren
Jaarsveld, Willem van
Vanvuchelen, Nathalie
author_role author
author2 Gijsbrechts, Joren
Jaarsveld, Willem van
Vanvuchelen, Nathalie
author2_role author
author
author
dc.contributor.none.fl_str_mv Veritati - Repositório Institucional da Universidade Católica Portuguesa
dc.contributor.author.fl_str_mv Boute, Robert N.
Gijsbrechts, Joren
Jaarsveld, Willem van
Vanvuchelen, Nathalie
dc.subject.por.fl_str_mv Inventory management
Machine learning
Neural networks
Reinforcement learning
topic Inventory management
Machine learning
Neural networks
Reinforcement learning
description Deep reinforcement learning (DRL) has shown great potential for sequential decision-making, including early developments in inventory control. Yet, the abundance of choices that come with designing a DRL algorithm, combined with the intense computational effort to tune and evaluate each choice, may hamper their application in practice. This paper describes the key design choices of DRL algorithms to facilitate their implementation in inventory control. We also shed light on possible future research avenues that may elevate the current state-of-the-art of DRL applications for inventory control and broaden their scope by leveraging and improving on the structural policy insights within inventory research. Our discussion and roadmap may also spur future research in other domains within operations management.
publishDate 2021
dc.date.none.fl_str_mv 2021-09-01T13:34:58Z
2022-04-16
2022-04-16T00:00:00Z
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url http://hdl.handle.net/10400.14/34576
dc.language.iso.fl_str_mv eng
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10.1016/j.ejor.2021.07.016
85111846139
000742431300001
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