Multi-Agent Reinforcement Learning with Shared Resources for Inventory ManagementDownload PDF

Anonymous

22 Sept 2022, 12:42 (modified: 26 Oct 2022, 14:21)ICLR 2023 Conference Blind SubmissionReaders: Everyone
Keywords: Multi-Agent Reinforcement Learning, Inventory Mangement
TL;DR: We propose a scalable and effective method to control a large number of agents for inventory management.
Abstract: In this paper, we consider the inventory management (IM) problem where we need to make replenishment decisions for a large number of stock keeping units (SKUs) to balance their supply and demand. In our setting, the constraint on the shared resources (such as the inventory capacity) couples the otherwise independent control for each SKU. We formulate the problem with this structure as Shared-Resource Stochastic Game (SRSG) and propose an efficient algorithm called Context-aware Decentralized PPO (CD-PPO). Through extensive experiments, we demonstrate that CD-PPO can accelerate the learning procedure compared with standard MARL algorithms.
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