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Metamodelling of Inventory-Control Simulations Based on a Multilayer Perceptron Cover

Metamodelling of Inventory-Control Simulations Based on a Multilayer Perceptron

Open Access
|Jun 2019

Abstract

Inventory control problems arise in various industries, and each single real-world inventory is replete with non-standard factors and subtleties. Practical stochastic inventory control problems are often analytically intractable, because of their complexity. In this regard, simulation-optimization is becoming more and more popular tool for solving complicated business-driven problems. Unfortunately, simulation, especially detailed, is both time and memory consuming. In the light of this fact, it may be more reasonable to use an alternative cheaper-to-compute metamodel, which is specifically designed in order to approximate an original simulation. In this research we discus metamodelling of stochastic multiproduct inventory control system with perishable products using a multilayer perceptron with a rectified linear unit as an activation function.

DOI: https://doi.org/10.2478/ttj-2019-0021 | Journal eISSN: 1407-6179 | Journal ISSN: 1407-6160
Language: English
Page range: 251 - 259
Published on: Jun 26, 2019
Published by: Transport and Telecommunication Institute
In partnership with: Paradigm Publishing Services
Publication frequency: 4 issues per year

© 2019 Ilya Jackson, Jurijs Tolujevs, Sebastian Lang, Zhandos Kegenbekov, published by Transport and Telecommunication Institute
This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.