{"id":"https://openalex.org/W3155229685","doi":"https://doi.org/10.1007/s10479-021-03935-2","title":"Artificial intelligence-based inventory management: a Monte Carlo tree search approach","display_name":"Artificial intelligence-based inventory management: a Monte Carlo tree search approach","publication_year":2021,"publication_date":"2021-04-19","ids":{"openalex":"https://openalex.org/W3155229685","doi":"https://doi.org/10.1007/s10479-021-03935-2","mag":"3155229685"},"language":"en","primary_location":{"id":"doi:10.1007/s10479-021-03935-2","is_oa":true,"landing_page_url":"https://doi.org/10.1007/s10479-021-03935-2","pdf_url":"https://link.springer.com/content/pdf/10.1007/s10479-021-03935-2.pdf","source":{"id":"https://openalex.org/S57667410","display_name":"Annals of Operations Research","issn_l":"0254-5330","issn":["0254-5330","1572-9338"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310319900","host_organization_name":"Springer Science+Business Media","host_organization_lineage":["https://openalex.org/P4310319900","https://openalex.org/P4310319965"],"host_organization_lineage_names":["Springer Science+Business Media","Springer Nature"],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Annals of Operations Research","raw_type":"journal-article"},"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":true,"oa_status":"hybrid","oa_url":"https://link.springer.com/content/pdf/10.1007/s10479-021-03935-2.pdf","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5060059109","display_name":"Deniz Preil","orcid":"https://orcid.org/0000-0001-7928-7267"},"institutions":[{"id":"https://openalex.org/I179225836","display_name":"University of Augsburg","ror":"https://ror.org/03p14d497","country_code":"DE","type":"education","lineage":["https://openalex.org/I179225836"]}],"countries":["DE"],"is_corresponding":true,"raw_author_name":"Deniz Preil","raw_affiliation_strings":["Department of Quantitative Methods in Economics, University of Augsburg, Universitaetsstr. 16, 86159, Augsburg, Germany"],"raw_orcid":"https://orcid.org/0000-0001-7928-7267","affiliations":[{"raw_affiliation_string":"Department of Quantitative Methods in Economics, University of Augsburg, Universitaetsstr. 16, 86159, Augsburg, Germany","institution_ids":["https://openalex.org/I179225836"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5088043672","display_name":"Michael Krapp","orcid":null},"institutions":[{"id":"https://openalex.org/I179225836","display_name":"University of Augsburg","ror":"https://ror.org/03p14d497","country_code":"DE","type":"education","lineage":["https://openalex.org/I179225836"]}],"countries":["DE"],"is_corresponding":false,"raw_author_name":"Michael Krapp","raw_affiliation_strings":["Department of Quantitative Methods in Economics, University of Augsburg, Universitaetsstr. 16, 86159, Augsburg, Germany"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Department of Quantitative Methods in Economics, University of Augsburg, Universitaetsstr. 16, 86159, Augsburg, Germany","institution_ids":["https://openalex.org/I179225836"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":["https://openalex.org/A5060059109"],"corresponding_institution_ids":["https://openalex.org/I179225836"],"apc_list":{"value":2990,"currency":"USD","value_usd":2990},"apc_paid":{"value":2990,"currency":"USD","value_usd":2990},"fwci":9.0687,"has_fulltext":true,"cited_by_count":83,"citation_normalized_percentile":{"value":0.98170585,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":95,"max":100},"biblio":{"volume":"308","issue":"1-2","first_page":"415","last_page":"439"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10328","display_name":"Supply Chain and Inventory Management","score":0.9998000264167786,"subfield":{"id":"https://openalex.org/subfields/1404","display_name":"Management Information Systems"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10328","display_name":"Supply Chain and Inventory Management","score":0.9998000264167786,"subfield":{"id":"https://openalex.org/subfields/1404","display_name":"Management Information Systems"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11161","display_name":"Consumer Market Behavior and Pricing","score":0.9945999979972839,"subfield":{"id":"https://openalex.org/subfields/1406","display_name":"Marketing"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11182","display_name":"Auction Theory and Applications","score":0.9908999800682068,"subfield":{"id":"https://openalex.org/subfields/1803","display_name":"Management Science and Operations Research"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/computer-science","display_name":"Computer science","score":0.7550259828567505},{"id":"https://openalex.org/keywords/heuristic","display_name":"Heuristic","score":0.6447960138320923},{"id":"https://openalex.org/keywords/supply-chain","display_name":"Supply chain","score":0.6259734630584717},{"id":"https://openalex.org/keywords/monte-carlo-tree-search","display_name":"Monte Carlo tree search","score":0.616544246673584},{"id":"https://openalex.org/keywords/theory-of-computation","display_name":"Theory of computation","score":0.5973473191261292},{"id":"https://openalex.org/keywords/bullwhip-effect","display_name":"Bullwhip effect","score":0.5439779758453369},{"id":"https://openalex.org/keywords/tree","display_name":"Tree (set theory)","score":0.5173020362854004},{"id":"https://openalex.org/keywords/monte-carlo-method","display_name":"Monte Carlo method","score":0.4855632483959198},{"id":"https://openalex.org/keywords/order","display_name":"Order (exchange)","score":0.46678268909454346},{"id":"https://openalex.org/keywords/domain","display_name":"Domain (mathematical analysis)","score":0.44709885120391846},{"id":"https://openalex.org/keywords/operations-research","display_name":"Operations research","score":0.4175412058830261},{"id":"https://openalex.org/keywords/supply-chain-management","display_name":"Supply chain management","score":0.41223666071891785},{"id":"https://openalex.org/keywords/artificial-intelligence","display_name":"Artificial intelligence","score":0.37854501605033875},{"id":"https://openalex.org/keywords/algorithm","display_name":"Algorithm","score":0.14758923649787903},{"id":"https://openalex.org/keywords/economics","display_name":"Economics","score":0.13416540622711182},{"id":"https://openalex.org/keywords/mathematics","display_name":"Mathematics","score":0.10393416881561279},{"id":"https://openalex.org/keywords/marketing","display_name":"Marketing","score":0.10321769118309021},{"id":"https://openalex.org/keywords/business","display_name":"Business","score":0.08953297138214111}],"concepts":[{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.7550259828567505},{"id":"https://openalex.org/C173801870","wikidata":"https://www.wikidata.org/wiki/Q201413","display_name":"Heuristic","level":2,"score":0.6447960138320923},{"id":"https://openalex.org/C108713360","wikidata":"https://www.wikidata.org/wiki/Q1824206","display_name":"Supply chain","level":2,"score":0.6259734630584717},{"id":"https://openalex.org/C46149586","wikidata":"https://www.wikidata.org/wiki/Q11785332","display_name":"Monte Carlo tree search","level":3,"score":0.616544246673584},{"id":"https://openalex.org/C24858836","wikidata":"https://www.wikidata.org/wiki/Q844718","display_name":"Theory of computation","level":2,"score":0.5973473191261292},{"id":"https://openalex.org/C178595485","wikidata":"https://www.wikidata.org/wiki/Q1343909","display_name":"Bullwhip effect","level":4,"score":0.5439779758453369},{"id":"https://openalex.org/C113174947","wikidata":"https://www.wikidata.org/wiki/Q2859736","display_name":"Tree (set theory)","level":2,"score":0.5173020362854004},{"id":"https://openalex.org/C19499675","wikidata":"https://www.wikidata.org/wiki/Q232207","display_name":"Monte Carlo method","level":2,"score":0.4855632483959198},{"id":"https://openalex.org/C182306322","wikidata":"https://www.wikidata.org/wiki/Q1779371","display_name":"Order (exchange)","level":2,"score":0.46678268909454346},{"id":"https://openalex.org/C36503486","wikidata":"https://www.wikidata.org/wiki/Q11235244","display_name":"Domain (mathematical analysis)","level":2,"score":0.44709885120391846},{"id":"https://openalex.org/C42475967","wikidata":"https://www.wikidata.org/wiki/Q194292","display_name":"Operations research","level":1,"score":0.4175412058830261},{"id":"https://openalex.org/C44104985","wikidata":"https://www.wikidata.org/wiki/Q492886","display_name":"Supply chain management","level":3,"score":0.41223666071891785},{"id":"https://openalex.org/C154945302","wikidata":"https://www.wikidata.org/wiki/Q11660","display_name":"Artificial intelligence","level":1,"score":0.37854501605033875},{"id":"https://openalex.org/C11413529","wikidata":"https://www.wikidata.org/wiki/Q8366","display_name":"Algorithm","level":1,"score":0.14758923649787903},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.13416540622711182},{"id":"https://openalex.org/C33923547","wikidata":"https://www.wikidata.org/wiki/Q395","display_name":"Mathematics","level":0,"score":0.10393416881561279},{"id":"https://openalex.org/C162853370","wikidata":"https://www.wikidata.org/wiki/Q39809","display_name":"Marketing","level":1,"score":0.10321769118309021},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.08953297138214111},{"id":"https://openalex.org/C105795698","wikidata":"https://www.wikidata.org/wiki/Q12483","display_name":"Statistics","level":1,"score":0.0},{"id":"https://openalex.org/C134306372","wikidata":"https://www.wikidata.org/wiki/Q7754","display_name":"Mathematical analysis","level":1,"score":0.0},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.0}],"mesh":[],"locations_count":4,"locations":[{"id":"doi:10.1007/s10479-021-03935-2","is_oa":true,"landing_page_url":"https://doi.org/10.1007/s10479-021-03935-2","pdf_url":"https://link.springer.com/content/pdf/10.1007/s10479-021-03935-2.pdf","source":{"id":"https://openalex.org/S57667410","display_name":"Annals of Operations Research","issn_l":"0254-5330","issn":["0254-5330","1572-9338"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310319900","host_organization_name":"Springer Science+Business Media","host_organization_lineage":["https://openalex.org/P4310319900","https://openalex.org/P4310319965"],"host_organization_lineage_names":["Springer Science+Business Media","Springer Nature"],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Annals of Operations Research","raw_type":"journal-article"},{"id":"pmh:oai:uni-augsburg.opus-bayern.de:86868","is_oa":true,"landing_page_url":"https://opus.bibliothek.uni-augsburg.de/opus4/frontdoor/index/index/docId/86868","pdf_url":"https://opus.bibliothek.uni-augsburg.de/opus4/frontdoor/index/index/docId/86868","source":{"id":"https://openalex.org/S4306400930","display_name":"OPUS (Augsburg University)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"host_organization":"https://openalex.org/I119916105","host_organization_name":"Augsburg University","host_organization_lineage":["https://openalex.org/I119916105"],"host_organization_lineage_names":[],"type":"repository"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article"},{"id":"pmh:oai:RePEc:spr:annopr:v:308:y:2022:i:1:d:10.1007_s10479-021-03935-2","is_oa":false,"landing_page_url":"http://link.springer.com/10.1007/s10479-021-03935-2","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article"},{"id":"pmh:oai:econstor.eu:10419/287043","is_oa":true,"landing_page_url":"https://hdl.handle.net/10419/287043","pdf_url":null,"source":{"id":"https://openalex.org/S4306401696","display_name":"Econstor (Econstor)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"repository"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"","raw_type":"doc-type:article"}],"best_oa_location":{"id":"doi:10.1007/s10479-021-03935-2","is_oa":true,"landing_page_url":"https://doi.org/10.1007/s10479-021-03935-2","pdf_url":"https://link.springer.com/content/pdf/10.1007/s10479-021-03935-2.pdf","source":{"id":"https://openalex.org/S57667410","display_name":"Annals of Operations Research","issn_l":"0254-5330","issn":["0254-5330","1572-9338"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310319900","host_organization_name":"Springer Science+Business Media","host_organization_lineage":["https://openalex.org/P4310319900","https://openalex.org/P4310319965"],"host_organization_lineage_names":["Springer Science+Business Media","Springer Nature"],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Annals of Operations Research","raw_type":"journal-article"},"sustainable_development_goals":[],"awards":[],"funders":[],"has_content":{"grobid_xml":true,"pdf":true},"content_urls":{"pdf":"https://content.openalex.org/works/W3155229685.pdf","grobid_xml":"https://content.openalex.org/works/W3155229685.grobid-xml"},"referenced_works_count":77,"referenced_works":["https://openalex.org/W48705427","https://openalex.org/W107054272","https://openalex.org/W1534807775","https://openalex.org/W1563703211","https://openalex.org/W1566892458","https://openalex.org/W1601081659","https://openalex.org/W1625390266","https://openalex.org/W1957053378","https://openalex.org/W1965298605","https://openalex.org/W1971158511","https://openalex.org/W1973129879","https://openalex.org/W1988277750","https://openalex.org/W1991642024","https://openalex.org/W1992742913","https://openalex.org/W1993460040","https://openalex.org/W1995721528","https://openalex.org/W1996530498","https://openalex.org/W1997840820","https://openalex.org/W2002501580","https://openalex.org/W2008361327","https://openalex.org/W2012322408","https://openalex.org/W2014350871","https://openalex.org/W2023867402","https://openalex.org/W2031456713","https://openalex.org/W2034332963","https://openalex.org/W2047995930","https://openalex.org/W2048351464","https://openalex.org/W2049515156","https://openalex.org/W2056740053","https://openalex.org/W2061418770","https://openalex.org/W2062271074","https://openalex.org/W2062546209","https://openalex.org/W2067589005","https://openalex.org/W2070410573","https://openalex.org/W2073627847","https://openalex.org/W2074614732","https://openalex.org/W2080529860","https://openalex.org/W2084674986","https://openalex.org/W2104665511","https://openalex.org/W2104921189","https://openalex.org/W2104925392","https://openalex.org/W2117871237","https://openalex.org/W2119396705","https://openalex.org/W2119567691","https://openalex.org/W2121863487","https://openalex.org/W2122410182","https://openalex.org/W2123659025","https://openalex.org/W2126316555","https://openalex.org/W2127411842","https://openalex.org/W2138076591","https://openalex.org/W2162154371","https://openalex.org/W2171084228","https://openalex.org/W2185067468","https://openalex.org/W2257979135","https://openalex.org/W2465628355","https://openalex.org/W2487144912","https://openalex.org/W2596585349","https://openalex.org/W2614119990","https://openalex.org/W2618402609","https://openalex.org/W2778917778","https://openalex.org/W2889565515","https://openalex.org/W2902851216","https://openalex.org/W2904815033","https://openalex.org/W2913035305","https://openalex.org/W2963849010","https://openalex.org/W2976939894","https://openalex.org/W3002919608","https://openalex.org/W3011296260","https://openalex.org/W3086574084","https://openalex.org/W4214717370","https://openalex.org/W4232632361","https://openalex.org/W4298023569","https://openalex.org/W4321428174","https://openalex.org/W6636578284","https://openalex.org/W6677916085","https://openalex.org/W6684973485","https://openalex.org/W7001894244"],"related_works":["https://openalex.org/W2059681752","https://openalex.org/W1984264236","https://openalex.org/W2036839368","https://openalex.org/W1999630373","https://openalex.org/W2510483584","https://openalex.org/W1965414646","https://openalex.org/W2728359180","https://openalex.org/W2386114812","https://openalex.org/W161009090","https://openalex.org/W2077756280"],"abstract_inverted_index":{"Abstract":[0],"The":[1],"coordination":[2],"of":[3,51,64,87],"order":[4,158],"policies":[5],"constitutes":[6],"a":[7,27,38,45,112,156],"great":[8],"challenge":[9],"in":[10,84],"supply":[11,73,113],"chain":[12,74,114],"inventory":[13,32,75],"management":[14,76],"as":[15,95,97],"various":[16],"stochastic":[17,127],"factors":[18],"increase":[19],"its":[20],"complexity.":[21],"Therefore,":[22],"analytical":[23],"approaches":[24],"to":[25,37,72,117],"determine":[26],"policy":[28,159],"that":[29,134,155],"minimises":[30],"overall":[31],"costs":[33],"are":[34],"only":[35],"suitable":[36],"limited":[39],"extent.":[40],"In":[41],"contrast,":[42],"we":[43,110,152],"adopt":[44],"heuristic":[46],"approach,":[47],"from":[48],"the":[49,62,118,136,139,164],"domain":[50],"artificial":[52],"intelligence":[53],"(AI),":[54],"namely,":[55],"Monte":[56],"Carlo":[57],"tree":[58],"search":[59],"(MCTS).":[60],"To":[61],"best":[63],"our":[65],"knowledge,":[66],"MCTS":[67,141,162],"has":[68],"neither":[69],"been":[70],"applied":[71],"before":[77],"nor":[78],"is":[79],"it":[80],"yet":[81],"widely":[82],"disseminated":[83],"other":[85,146],"branches":[86],"operations":[88],"research.":[89],"We":[90,132],"develop":[91],"an":[92,98],"offline":[93,137],"model":[94,100],"well":[96],"online":[99,140],"which":[101],"bases":[102],"decisions":[103],"on":[104],"real-time":[105],"data.":[106],"For":[107],"demonstration":[108],"purposes,":[109],"consider":[111],"structure":[115],"similar":[116],"classical":[119],"beer":[120],"game":[121],"with":[122],"four":[123],"actors":[124],"and":[125,129,138],"both":[126,135],"demand":[128],"lead":[130],"times.":[131],"demonstrate":[133],"models":[142],"perform":[143],"better":[144],"than":[145],"previously":[147],"adopted":[148],"AI-based":[149],"approaches.":[150],"Furthermore,":[151],"provide":[153],"evidence":[154],"dynamic":[157],"determined":[160],"by":[161],"eliminates":[163],"bullwhip":[165],"effect.":[166]},"counts_by_year":[{"year":2026,"cited_by_count":13},{"year":2025,"cited_by_count":24},{"year":2024,"cited_by_count":20},{"year":2023,"cited_by_count":13},{"year":2022,"cited_by_count":10},{"year":2021,"cited_by_count":3}],"updated_date":"2026-08-08T07:41:36.138363","created_date":"2025-10-10T00:00:00"}
