2020
DOI: 10.1080/00207543.2020.1733125
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Deep reinforcement learning for selecting demand forecast models to empower Industry 3.5 and an empirical study for a semiconductor component distributor

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Cited by 89 publications
(44 citation statements)
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“…The employment of Industrial AI towards process optimization in manufacturing is gaining rapid traction, enabling smarter, more efficient data-driven decision-making by leveraging both historical and real-time data. In this regard, the main emphasis has been put into energy consumption prediction and optimization problems [41], production efficiency [71] and demand forecasting [24]. Thus, the application of Industrial AI for process optimization can contribute to make For data-driven applications, real-time capability is crucial to turn new AI predictions and insights into actionable knowledge at both the level of the processes and of the overall smart factory operations in a timely manner, adequate for the increasingly real-time economy.…”
Section: ) Process Optimizationmentioning
confidence: 99%
“…The employment of Industrial AI towards process optimization in manufacturing is gaining rapid traction, enabling smarter, more efficient data-driven decision-making by leveraging both historical and real-time data. In this regard, the main emphasis has been put into energy consumption prediction and optimization problems [41], production efficiency [71] and demand forecasting [24]. Thus, the application of Industrial AI for process optimization can contribute to make For data-driven applications, real-time capability is crucial to turn new AI predictions and insights into actionable knowledge at both the level of the processes and of the overall smart factory operations in a timely manner, adequate for the increasingly real-time economy.…”
Section: ) Process Optimizationmentioning
confidence: 99%
“…Further categories with single publications are listed in Table 7. These include specific topics such as building an agent swapping framework to allow learning in a nonreal-time environment and execution in a real-time environment (Schmidt, Schellroth, and Riedel 2020) or the deep RL based selection of optimal prediction models in the semiconductor manufacturing domain to cope with demand fluctuations and avoid shortages and overstock (Chien, Lin, and Lin 2020).…”
Section: Further Applicationsmentioning
confidence: 99%
“…For example, machine learning can support data-driven decisionmaking in pre-production, production, processing, and distribution stages of agricultural SCs (Sharma et al 2020). Prior research has examined the role of AI for effective and efficient SCM, including forecasting (Chien, Lin, and Lin 2020), configuration and optimisation (Abbasi et al 2020;Fragapane et al 2020), forecasting (Chien, Lin, and Lin 2020), risk management (Baryannis et al 2020;Soleymani and Nejad 2018), col-laboration between human operators and AI-based systems (Klumpp 2018), increased operational efficiency in replenishment policies (Priore et al 2019), and supplier selection (Zhao and Yu 2011;Choy et al 2004). While such studies have made valuable contributions, knowledge about the influential and mediating role of culture is limited.…”
Section: Evolution Of Ai In Modern Operations and Supply Chain Managementmentioning
confidence: 99%