no code implementations • 20 Sep 2017 • Afshin Oroojlooyjadid, Lawrence Snyder, Martin Takáč
In multi-echelon inventory systems the performance of a given node is affected by events that occur at many other nodes and in many other time periods.
no code implementations • 20 Aug 2017 • Afshin Oroojlooyjadid, MohammadReza Nazari, Lawrence Snyder, Martin Takáč
The game is a decentralized, multi-agent, cooperative problem that can be modeled as a serial supply chain network in which agents cooperatively attempt to minimize the total cost of the network even though each agent can only observe its own local information.
2 code implementations • 7 Jul 2016 • Afshin Oroojlooyjadid, Lawrence Snyder, Martin Takáč
However, approximating the probability distribution is not easy and is prone to error; therefore, the resulting solution to the newsvendor problem may be not optimal.