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Solving the stochastic-demand capacitated lot-sizing problem using proximal policy optimization in continuous action spaces

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Proceedings of the Institution of Mechanical Engineers, Part B: Journal of Engineering Manufacture

Published online on

Abstract

Proceedings of the Institution of Mechanical Engineers, Part B: Journal of Engineering Manufacture, Ahead of Print.
This study aims to solve the multi-product Capacitated Lot-Sizing problem (CLSP) under the stochastic demand condition, with the main objective of minimizing the total cost, containing the production, inventory, setup, and shortage costs. To this end, ...