In the present market scenario, it is seen that commodity is attracted by the stock of the items. Considering this fact in this present work, the demand for the item is considered as stock dependent in an inventory control system, where the items are deteriorating in nature. When the number of...

Integrating digitalization and warehouse management systems (WMS) is a crucial aspect of enhancing supply chain performance for strategic competitiveness. Multiple technologies promote digital development and supply chain management (SCM) transformation. They include artificial intelligence and...

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...