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Session 15: Machine Learning, Inventory Optimization and the Beer Game

Larry Snyder , Sr. Research Associate, Opex Analytics, Apr 21 2019

Review this academy session, led by Opex Senior Research Associate and Lehigh University Professor Larry Snyder, as he introduces the leading-edge research on using Reinforcement Learning (RL) for Inventory Planning. He will discuss how and why RL improves upon the current inventory planning methods and demonstrate its value using our newly released Opex Analytics Beer Game. The game not only provides a fun web-based interface for introducing the Bullwhip Effect, but also has a RL module that can play the game, highlighting the concepts Larry will introduce in the session.