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Metamodelling of Inventory-Control Simulations Based on a Multilayer Perceptron

: Jackson, I.; Tolujevs, J.; Lang, S.; Kegenbekov, Z.

Volltext ()

Transport and telecommunication journal 20 (2019), Nr.3, S.251-259
ISSN: 1407-6179
ISSN: 1407-6160
Zeitschriftenaufsatz, Elektronische Publikation
Fraunhofer IFF ()

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.