Paper Title :Determining the Effectiveness of RL in Tackling Inventory Control Complexities
Author :Aravindh Sekar
Article Citation :Aravindh Sekar ,
(2023 ) " Determining the Effectiveness of RL in Tackling Inventory Control Complexities " ,
International Journal of Management and Applied Science (IJMAS) ,
pp. 68-72,
Volume-9,Issue-12
Abstract : Determining inventory control (IC) with uncertain demand becomes challenging when inventory analysis is done
with multiple products with different lead times, including non-zero ones. This paper aims to verify the effectiveness of two
Deep Reinforcement learning (DRL) algorithms and their impact on IC complexities. Contributions include comparing two
DRL algorithms with a static reorder policy (s, Q) through a data-driven approach. The extent of the application of the
algorithms and their effectiveness in complex IC scenarios is quantified and potential extensions involving more
complexities are identified. Specific future research directions and novel approaches are recommended.
Keywords - Reinforcement Learning, Inventory Control Complexities, DRL categorization
Type : Research paper
Published : Volume-9,Issue-12
DOIONLINE NO - IJMAS-IRAJ-DOIONLINE-20425
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Copyright: © Institute of Research and Journals
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Published on 2024-03-13 |
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