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Adopting reinforcement learning in operational spare part management : visualizing the black box of decision-making

Petter, J. (2021) Adopting reinforcement learning in operational spare part management : visualizing the black box of decision-making.

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Abstract:This thesis researches the benefits of reinforcement learning in operational spare part management. Because reinforcement learning is not often used in a (semi) closed-loop inventory environment, an extensive literature study is performed first. Next, a proof of concept shows a reinforcement learning method's performance compared to the exact solution and a simple greedy heuristic.
Item Type:Essay (Master)
Faculty:BMS: Behavioural, Management and Social Sciences
Subject:01 general works, 30 exact sciences in general, 31 mathematics, 54 computer science
Programme:Industrial Engineering and Management MSc (60029)
Link to this item:http://purl.utwente.nl/essays/85598
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