Use of Proximal Policy Optimization for the Joint Replenishment Problem

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The joint replenishment problem is a fundamental model in supply chain management theory that has applications in inventory management, logistics, and maintenance scheduling. In this problem, there are multiple item types, each having a given time-dependent sequence of demands that need to be satisfied. In order to satisfy demand, orders of the item types must be placed in advance of the due da...

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There are many resource restrictions in real production/inventory systems (for example, budget, storage, transportation capacity, etc.). But unlike other research areas, there is very little research to handle the joint replenishment problem (JRP) with resource restriction. The purpose of this paper is to develop two efficient algorithms for solving these problems. Firstly, we modify the existi...

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ژورنال

عنوان ژورنال: Computers in Industry

سال: 2020

ISSN: 0166-3615

DOI: 10.1016/j.compind.2020.103239