A survey of contextual optimization methods for decision-making under uncertainty
Recently there has been a surge of interest in operations research (OR) and the machine
learning (ML) community in combining prediction algorithms and optimization techniques to …
learning (ML) community in combining prediction algorithms and optimization techniques to …
[HTML][HTML] Inventory–forecasting: Mind the gap
We are concerned with the interaction and integration between demand forecasting and
inventory control, in the context of supply chain operations. The majority of the literature is …
inventory control, in the context of supply chain operations. The majority of the literature is …
Machine learning demand forecasting and supply chain performance
J Feizabadi - International Journal of Logistics Research and …, 2022 - Taylor & Francis
In many supply chains, firms staged in upstream of the chain suffer from variance
amplification emanating from demand information distortion in a multi-stage supply chain …
amplification emanating from demand information distortion in a multi-stage supply chain …
Pragmatic real-time logistics management with traffic IoT infrastructure: Big data predictive analytics of freight travel time for Logistics 4.0
When studying the vehicle routing problem, especially for on-time arrivals, the determination
of travel time plays a decisive role in the optimization of logistics companies. Traffic Internet …
of travel time plays a decisive role in the optimization of logistics companies. Traffic Internet …
An end-to-end deep learning model for solving data-driven newsvendor problem with accessibility to textual review data
YX Tian, C Zhang - International Journal of Production Economics, 2023 - Elsevier
We investigate a data-driven single-period inventory management problem with uncertain
demand, where large amounts of textual online reviews and historical data are accessible …
demand, where large amounts of textual online reviews and historical data are accessible …
From predictive to prescriptive analytics: A data-driven multi-item newsvendor model
This paper considers a multi-item newsvendor problem with a capacity constraint (Z). The
problem has already been addressed in the literature using the classical newsvendor …
problem has already been addressed in the literature using the classical newsvendor …
A decision integration strategy for short-term demand forecasting and ordering for red blood cell components
Blood transfusion is one of the most crucial and commonly administered therapeutics
worldwide. The need for more accurate and efficient ways to manage blood demand and …
worldwide. The need for more accurate and efficient ways to manage blood demand and …
Artificial intelligence in smart logistics cyber-physical systems: State-of-the-arts and potential applications
Logistics creates tremendous economic value through supporting the trading of goods
between firms and customers, thereby improving the welfare of the society. In order to …
between firms and customers, thereby improving the welfare of the society. In order to …
[HTML][HTML] 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 …
cost. As a result of market volatility, customer demand is generally changing, and ignoring …
Robust decisions for regulated sustainable manufacturing with partial demand information: Mandatory emission capacity versus emission tax
While emission tax and mandatory emission capacity regulations are widely implemented to
control greenhouse gas emissions, it remains unclear which will lead to better performance …
control greenhouse gas emissions, it remains unclear which will lead to better performance …