PRICE DYNAMICS ON VEGETABLE PRODUCTS BASED ON THE Q-LEARNING ALGORITHM

Vegetables are classified as highly perishable products with a limited shelf life, leading consumers to avoid products approaching expiration. The primary challenge for vegetable sellers is to maximize sales before freshness declines. This study aims to optimize vegetable pricing dynamics to enhance...

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Main Author: Laila Shabrina, Mutiara
Format: Final Project
Language:Indonesia
Online Access:https://digilib.itb.ac.id/gdl/view/83271
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Institution: Institut Teknologi Bandung
Language: Indonesia
id id-itb.:83271
spelling id-itb.:832712024-08-06T14:24:31ZPRICE DYNAMICS ON VEGETABLE PRODUCTS BASED ON THE Q-LEARNING ALGORITHM Laila Shabrina, Mutiara Indonesia Final Project pricing dynamics, vegetables, perishable products, Q-learning, deep Q-learning. INSTITUT TEKNOLOGI BANDUNG https://digilib.itb.ac.id/gdl/view/83271 Vegetables are classified as highly perishable products with a limited shelf life, leading consumers to avoid products approaching expiration. The primary challenge for vegetable sellers is to maximize sales before freshness declines. This study aims to optimize vegetable pricing dynamics to enhance sales and reduce food waste using reinforcement learning with the Q-learning algorithm and its extension, deep Q-learning. Q-learning is an algorithm that discovers the optimal policy, which in this case is the optimal price through experimentation. However, it has limitations due to requiring a large Q-value table. Deep Q-learning overcomes this limitation by using artificial neural networks to estimate Q-values, making it more efficient in handling complex environments. text
institution Institut Teknologi Bandung
building Institut Teknologi Bandung Library
continent Asia
country Indonesia
Indonesia
content_provider Institut Teknologi Bandung
collection Digital ITB
language Indonesia
description Vegetables are classified as highly perishable products with a limited shelf life, leading consumers to avoid products approaching expiration. The primary challenge for vegetable sellers is to maximize sales before freshness declines. This study aims to optimize vegetable pricing dynamics to enhance sales and reduce food waste using reinforcement learning with the Q-learning algorithm and its extension, deep Q-learning. Q-learning is an algorithm that discovers the optimal policy, which in this case is the optimal price through experimentation. However, it has limitations due to requiring a large Q-value table. Deep Q-learning overcomes this limitation by using artificial neural networks to estimate Q-values, making it more efficient in handling complex environments.
format Final Project
author Laila Shabrina, Mutiara
spellingShingle Laila Shabrina, Mutiara
PRICE DYNAMICS ON VEGETABLE PRODUCTS BASED ON THE Q-LEARNING ALGORITHM
author_facet Laila Shabrina, Mutiara
author_sort Laila Shabrina, Mutiara
title PRICE DYNAMICS ON VEGETABLE PRODUCTS BASED ON THE Q-LEARNING ALGORITHM
title_short PRICE DYNAMICS ON VEGETABLE PRODUCTS BASED ON THE Q-LEARNING ALGORITHM
title_full PRICE DYNAMICS ON VEGETABLE PRODUCTS BASED ON THE Q-LEARNING ALGORITHM
title_fullStr PRICE DYNAMICS ON VEGETABLE PRODUCTS BASED ON THE Q-LEARNING ALGORITHM
title_full_unstemmed PRICE DYNAMICS ON VEGETABLE PRODUCTS BASED ON THE Q-LEARNING ALGORITHM
title_sort price dynamics on vegetable products based on the q-learning algorithm
url https://digilib.itb.ac.id/gdl/view/83271
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