ArtificialAgentsPlaytheBeerGameEliminatetheBullwhip.pptVIP

Artificial Agents Play the Beer Game Eliminate the Bullwhip Effect and Whip the MBAs;The MIT Beer Game ;Timing;Game Board;The Bullwhip Effect;Observed Bullwhip effect from undergraduates game playing;Bullwhip Effect Example (P G);Analytic Results: Deterministic Demand;Analytic Results: Stochastic Demand (Chen, 1999, Management Science);Agent-Based Approach;Research Questions;Flowchart;Agents Coding Strategy;Experiment 1a: First Cup;Experiment 1b;Result of Experiment 1b;Artificial Agents Whip the MBAs and Undergraduates in Playing the MIT Beer Game;Stability (Experiment 1b);Experiment 2: Second Cup;Artificial agents eliminate the Bullwhip effect. ;Artificial agents discover a better policy than “1-1” when facing stochastic demand with penalty costs for all players.;Experiment 3: Third Cup;Artificial agents discover better and stable policies than “1-1” when facing stochastic demand and stochastic lead-time.;Artificial Agents are able to eliminate the Bullwhip effect when facing stochastic demand with stochastic leadtime. ;Agents learning ;The Columbia Beer Game;Ongoing Research: More Beer;Summary;A framework for multi-agent intelligent enterprise modeling