Spiliotis, Evangelos; Assimakopoulos, V. - In: EURO journal on transportation and logistics 12 (2023), pp. 1-14
Machine learning has shown great potential in various domains, but its appearance in inventory control optimization … settings remains rather limited. We propose a novel inventory cost minimization framework that exploits advanced decision …-tree based models to approximate inventory performance at an item level, considering demand patterns and key replenishment policy …