Multi-Agent Deep Reinforcement Learning for Multi-Echelon Inventory Management

被引:0
|
作者
Liu, Xiaotian [1 ]
Hu, Ming [2 ]
Peng, Yijie [3 ]
Yang, Yaodong [4 ]
机构
[1] Peking Univ, Guanghua Sch Management, Beijing, Peoples R China
[2] Univ Toronto, Rotman Sch Management, Toronto, ON M5S 3E6, Canada
[3] Peking Univ, PKU Wuhan Inst Artificial Intelligence, Guanghua Sch Management, Xiangjiang Lab, Beijing, Peoples R China
[4] Peking Univ, Inst Artificial Intelligence, PKU Wuhan Inst Artificial Intelligence, Beijing, Peoples R China
基金
加拿大自然科学与工程研究理事会; 美国国家科学基金会;
关键词
Multi-Echelon Inventory Management; Multi-Agent Reinforcement Learning; Bullwhip Effect; OPTIMAL POLICIES; OPTIMALITY;
D O I
10.1177/10591478241305863
中图分类号
T [工业技术];
学科分类号
08 ;
摘要
We apply heterogeneous-agent proximal policy optimization (HAPPO), a multi-agent deep reinforcement learning (MADRL) algorithm, to the decentralized multi-echelon inventory management problems in both a serial supply chain and a supply chain network. We also examine whether the upfront-only information-sharing mechanism used in MADRL helps alleviate the bullwhip effect. Our results show that policies constructed by HAPPO achieve lower overall costs than policies constructed by single-agent deep reinforcement learning and other heuristic policies. Also, the application of HAPPO results in a less significant bullwhip effect than policies constructed by single-agent deep reinforcement learning where information is not shared among actors. Somewhat surprisingly, compared to using the overall costs of the system as a minimization target for each actor, HAPPO achieves lower overall costs when the minimization target for each actor is a combination of its own costs and the overall costs of the system. Our results provide a new perspective on the benefit of information sharing inside the supply chain that helps alleviate the bullwhip effect and improve the overall performance of the system. Upfront information sharing and action coordination in model training among actors is essential, with the former even more essential, for improving a supply chain's overall performance when applying MADRL. Neither actors being fully self-interested nor actors being fully system-focused leads to the best practical performance of policies learned and constructed by MADRL. Our results also verify MADRL's potential in solving various multi-echelon inventory management problems with complex supply chain structures and in non-stationary market environments.
引用
收藏
页数:21
相关论文
共 50 条
  • [1] Optimization of multi-echelon spare parts inventory systems using multi-agent deep reinforcement learning
    Zhou, Yifan
    Guo, Kai
    Yu, Cheng
    Zhang, Zhisheng
    APPLIED MATHEMATICAL MODELLING, 2024, 125 : 827 - 844
  • [2] Multi-echelon inventory optimization using deep reinforcement learning
    Geevers, Kevin
    van Hezewijk, Lotte
    Mes, Martijn R. K.
    CENTRAL EUROPEAN JOURNAL OF OPERATIONS RESEARCH, 2024, 32 (03) : 653 - 683
  • [3] Fully dynamic reorder policies with deep reinforcement learning for multi-echelon inventory management
    Hammler P.
    Riesterer N.
    Braun T.
    Informatik-Spektrum, 2023, 46 (5-6) : 240 - 251
  • [4] Distributional reinforcement learning for inventory management in multi-echelon supply chains
    Wu, Guoquan
    Servia, Miguel Angel de Carvalho
    Mowbray, Max
    DIGITAL CHEMICAL ENGINEERING, 2023, 6
  • [5] Deep Reinforcement Learning toward Robust Multi-echelon Supply Chain Inventory Optimization
    El Shar, Ibrahim
    Sun, Wenhuan
    Wang, Haiyan
    Gupta, Chetan
    2022 IEEE 18TH INTERNATIONAL CONFERENCE ON AUTOMATION SCIENCE AND ENGINEERING (CASE), 2022, : 1385 - 1391
  • [6] Cooperative Multi-agent Reinforcement Learning for Inventory Management
    Khirwar, Madhav
    Gurumoorthy, Karthik S.
    Jain, Ankit Ajit
    Manchenahally, Shantala
    MACHINE LEARNING AND KNOWLEDGE DISCOVERY IN DATABASES: APPLIED DATA SCIENCE AND DEMO TRACK, ECML PKDD 2023, PT VI, 2023, 14174 : 619 - 634
  • [7] Multi-agent learning mechanism design and simulation of multi-echelon supply chain
    Sun, Jun-Yan
    Tang, Jian-Ming
    Chen, Zhi-Rui
    COMPUTERS & INDUSTRIAL ENGINEERING, 2022, 168
  • [8] Bandit-based inventory optimisation: Reinforcement learning in multi-echelon chains
    Preil, Deniz
    Krapp, Michael
    INTERNATIONAL JOURNAL OF PRODUCTION ECONOMICS, 2022, 252
  • [9] Can Deep Reinforcement Learning Improve Inventory Management? Performance on Lost Sales, Dual-Sourcing, and Multi-Echelon Problems
    Gijsbrechts, Joren
    Boute, Robert N.
    Van Mieghem, Jan A.
    Zhang, Dennis J.
    M&SOM-MANUFACTURING & SERVICE OPERATIONS MANAGEMENT, 2022, 24 (03) : 1349 - 1368