Can Deep Reinforcement Learning Improve Inventory Management? Performance on Lost Sales, Dual-Sourcing, and Multi-Echelon Problems

A typology and literature review on stochastic multi-echelon inventory models

(2018) Ton de Kok et al.   EUROPEAN JOURNAL OF OPERATIONAL RESEARCH

A heuristic based on quadratic approximation for dual sourcing problem with general lead times and supply capacity uncertainty

(2018) Wenbo Chen et al.   IISE Transactions

Mastering the game of Go without human knowledge

(2017) David Silver et al.   NATURE

Asymptotic Optimality of Constant-Order Policies for Lost Sales Inventory Models with Large Lead Times

(2016) David A. Goldberg et al.   MATHEMATICS OF OPERATIONS RESEARCH

Mastering the game of Go with deep neural networks and tree search

(2016) David Silver et al.   NATURE

Human-level control through deep reinforcement learning

(2015) Volodymyr Mnih et al.   NATURE

The Data-Driven Newsvendor Problem: New Bounds and Insights

(2015) Retsef Levi et al.   OPERATIONS RESEARCH

Structural properties of the optimal policy for dual-sourcing systems with general lead times

(2014) Zhongsheng Hua et al.   IIE TRANSACTIONS

Information Relaxations, Duality, and Convex Stochastic Dynamic Programs

(2014) David B. Brown et al.   OPERATIONS RESEARCH

Fixed-Dimensional Stochastic Dynamic Programs: An Approximation Scheme and an Inventory Application

(2014) Wei Chen et al.   OPERATIONS RESEARCH

Sourcing strategies in supply risk management: An approximate dynamic programming approach

(2012) Jiarui Fang et al.   COMPUTERS & OPERATIONS RESEARCH

New Policies for the Stochastic Inventory Control Problem with Two Supply Sources

(2010) Anshul Sheopuri et al.   OPERATIONS RESEARCH

A Fully Polynomial-Time Approximation Scheme for Single-Item Stochastic Inventory Control with Discrete Demand

(2009) Nir Halman et al.   MATHEMATICS OF OPERATIONS RESEARCH

Asymptotic Optimality of Order-Up-To Policies in Lost Sales Inventory Systems

(2008) Woonghee Tim Huh et al.   MANAGEMENT SCIENCE

On the Structure of Lost-Sales Inventory Models

(2008) Paul Zipkin   OPERATIONS RESEARCH

Old and New Methods for Lost-Sales Inventory Systems

(2008) Paul Zipkin   OPERATIONS RESEARCH

Now or Later: A Simple Policy for Effective Dual Sourcing in Capacitated Systems

(2008) Senthil Veeraraghavan et al.   OPERATIONS RESEARCH