Abstract

With the global trade competition becoming further intensified, Supply Chain Management (SCM) technology has become critical to maintain competitive advantages for enterprises. However, the economic integration and increased market uncertainty have brought great challenges to SCM. In this paper, two Deep Reinforcement Learning (DRL) based methods are proposed to solve multi-period capacitated supply chain optimization problem under demand uncertainty. The capacity constraints are satisfied from both modelling perspective and DRL algorithm perspective. Both continuous action space and discrete action space are considered. The performance of the methods is analyzed through the simulation of three different cases. Compared to the baseline of (r, Q) policy, the proposed methods show promising results for the supply chain optimization problem.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.