Order-up-to-level inventory optimization model using time-series demand forecasting with ensemble deep learning

Order-up-to-level inventory optimization model using time-series demand forecasting with ensemble deep learning

Inventory control aims to meet customer demands at a given service level while minimizing cost. As a result of market volatility, customer demand is generally changing, and ignoring this uncertainty could lead to under or over-estimation of inventories resulting in shortages or inefficiencies. Inven...

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Bibliographic Details
Main Authors: Mahya Seyedan, Fereshteh Mafakheri, Chun Wang
Format: Article
Language:English
Published: Elsevier 2023-09-01
Series:Supply Chain Analytics
Subjects:
Inventory management
Demand forecasting
Optimization
Ensemble deep learning
Multivariate time-series forecasting
Online Access:http://www.sciencedirect.com/science/article/pii/S2949863523000237

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