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Deep Reinforcement Learning for Revenue Management under Uncertainty in Master Stowage Planning on Container Vessels

  • HEC Montréal

Research output: Conference Article in Proceeding or Book/Report chapterConference abstract in proceedingsResearchpeer-review

Abstract

Advanced planning policies obtained by machine learning have shown promising
results in solving well-known combinatorial optimization problems in transportation and logistics. However, a significant challenge arises when dealing with complex action spaces in realistic planning, where it is less straightforward for machine learning models to generate feasible actions. A relevant and complex example is master stowage planning on container vessels, which plays a crucial role in global trade and the green transition. This planning problem aims to maximize cargo revenue and minimize operational costs while addressing strict constraints and demand uncertainty. To tackle this challenge, our paper introduces a deep reinforcement learning framework with a general feasibility layer to solve a novel Markov decision process of master stowage planning under demand uncertainty. The experimental evaluation shows that our architecture efficiently finds feasible solutions for a multistage stochastic optimization problem, which is intractable using traditional benchmark methods from combinatorial optimization. Our approach demonstrates the potential of advanced planning policies to tackle complex, real-world problems, with implications for global trade and sustainability.
Original languageEnglish
Title of host publication25th DNV Nordic Maritime Universities Workshop
Publication date2025
Pages63
Publication statusPublished - 2025
Event25th DNV Nordic Maritime Universities Workshop
- Technical University of Denmark (DTU), Lyngby, Denmark
Duration: 30 Jan 202531 Jan 2025

Workshop

Workshop25th DNV Nordic Maritime Universities Workshop
LocationTechnical University of Denmark (DTU)
Country/TerritoryDenmark
CityLyngby
Period30/01/202531/01/2025

Keywords

  • Deep reinforcement learning
  • Stochastic optimization
  • Container stowage planning
  • Maritime logistics
  • Revenue management

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