• DocumentCode
    569633
  • Title

    Analyses about efficiency of reinforcement learning to supply chain ordering management

  • Author

    Sun, Ruoying ; Zhao, Gang

  • Author_Institution
    Sch. of Inf. Manage., Beijing Inf. Sci. & Technol. Univ., Beijing, China
  • fYear
    2012
  • fDate
    25-27 July 2012
  • Firstpage
    124
  • Lastpage
    127
  • Abstract
    The Reinforcement Learning (RL) is an efficient machine learning method for solving problems that an agent has no knowledge about the environment a priori. Improving efficiency of decision-making practices in a supply chain is a major competitive domain in today´s uncertain business environments. The bullwhip effect is an important phenomenon in the supply chain, in which the order variability increases as moving up along the supply chain. This paper proposes a multiagent coordination mechanism utilizing RL method to the supply chain ordering management. Further, the analyses about the efficiency of the method are discussed in detail based on some representative test data. Results show that the RL agent reduces the bullwhip effect efficiently in the stochastic supply chain.
  • Keywords
    decision making; multi-agent systems; supply chain management; bullwhip effect; business environments; decision-making practices; machine learning method; multiagent coordination mechanism; problem solving; reinforcement learning; stochastic supply chain; supply chain ordering management; Conferences; Learning; NP-hard problem; Sun; Supply chain management; Supply chains; bullwhip; ordering management; reinforcement learning; stochastic; supply chain;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Industrial Informatics (INDIN), 2012 10th IEEE International Conference on
  • Conference_Location
    Beijing
  • Print_ISBN
    978-1-4673-0312-5
  • Type

    conf

  • DOI
    10.1109/INDIN.2012.6301163
  • Filename
    6301163