Multi-agent based distributed inventory control model

Expert Systems with Applications

Volumn 37, Issue 7, 2010, Pages 5186-5191

  Kim, Chang Ouk ^a   Kwon, Ick Hyun ^b   Kwak, Choonjong ^c  

^a Yonsei University   (South Korea)

^b Inje University   (South Korea)

^c Korea Aerospace Research Institute (KARI)   (South Korea)

Author keywords

Cooperative demand estimation; Multi agent model; Multi stage inventory control; Nonstationary customer demand; Reinforcement learning

Indexed keywords

CUSTOMER DEMANDS; DEMAND ESTIMATION; MULTI-AGENT MODEL; MULTI-STAGE; MULTI-STAGE INVENTORY CONTROL; NONSTATIONARY;

CUSTOMER SATISFACTION; ESTIMATION; INVENTORY CONTROL; LEARNING ALGORITHMS; REINFORCEMENT; REINFORCEMENT LEARNING; SALES;

MULTI AGENT SYSTEMS;

EID: 77950189242     PISSN: 09574174     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.eswa.2009.12.073     Document Type: Article

References (24)

1. Axsäter S. Inventory control (2006), Springer
2. Chopra S., and Meindl P. Supply chain management: Strategy, planning, and operations (2007), Prentice-Hall
3. Disney S.M., Farasyn I., Lambrecht M., Towill D.R., and Van de Velde W. Taming the bullwhip effect whilst watching customer service in a single supply chain echelon. European Journal of Operational Research 173 (2006) 151-172
4. Forteus E. Foundations of stochastic inventory theory (2002), Stanford University Press
5. Gavirneni S., and Tayur S. An efficient procedure for non-stationary inventory control. IIE Transactions 33 (2001) 83-89
6. George A.P., and Powell W.B. Adaptive stepsize for recursive estimation with applications in approximate dynamic programming. Machine Learning 65 (2006) 167-198
7. Gjerdrum J., Shah N., and Papageorgiou L.G. A combined optimization and agent-based approach to supply chain modelling and performance assessment. Production Planning and Control 12 (2001) 81-88
8. Govindu R., and Chinnam R.B. MASCF: A generic process-centered methodological framework for analysis and design of multi-agent supply chain systems. Computers and Industrial Engineering 53 (2007) 584-609
9. Graves S.C. A single-item inventory model for a non-stationary demand process. Manufacturing and Service Operations Management 1 (1999) 50-61
10. Jiang C., and Sheng Z. Case-based reinforcement learning for dynamic inventory control in a multi-agent supply-chain system. Expert Systems with Applications 36 (2009) 6520-6526
11. Johnson G.D., and Thompson H.E. Optimality of myopic inventory policies for certain dependent demand processes. Management Science 21 (1975) 1303-1307
12. Kim C.O., Jun J., Baek J.K., Smith R.L., and Kim Y.D. Adaptive inventory control models for supply chain management. International Journal of Advanced Manufacturing Technology 26 (2005) 1184-1192
13. Kim C.O., Kwon I.H., and Baek J.G. Asynchronous action-reward learning for nonstationary serial chain inventory control. Applied Intelligence 28 (2008) 1-16
14. Kwak C.J., Choi J.S., Kim C.O., and Kwon I.H. Situation reactive approach to vendor managed inventory problem. Expert Systems with Applications 36 (2009) 9039-9045
15. Liang W.Y., and Huang C.C. Agent-based demand forecast in multi-echelon supply chain. Decision Support Systems 42 (2006) 390-407
16. Makridakis S.G., Wheelwright S.C., and Hyndman R.J. Forecasting: Methods and applications (1997), Wiley
17. Schneider H. Effect of service-levels on order-point or order-levels in inventory models. International Journal of Production Research 19 (1981) 615-631
18. Simchi-Levi D., Kaminsky P., and Simchi-Levi E. Designing and managing the supply chain: Concepts, strategies, and case studies (2008), McGraw-Hill
19. Song J.S., and Zipkin P.H. Inventory control in a fluctuating demand environment. Operations Research 41 (1993) 351-370
20. Sutton R.S., and Barto A.G. Reinforcement learning (1998), MIT Press
21. Swaminathan J.M., Smith S.F., and Sadeh N.M. Modeling supply chain dynamics: A multiagent approach. Decision Sciences 29 (2007) 607-632
22. Tempelmeier H. Inventory service-levels in the customer supply chain. OR Spectrum 22 (2000) 361-380
23. Zipkin P.H. Critical number policies for inventory models with periodic data. Management Science 35 (1989) 71-80
24. Zipkin P.H. Foundation of inventory management (2000), McGraw-Hill