An Intelligent Purchasing Decision Model for Railway Wagon Components Using a Markov Decision Process
Overcoming the inefficiency in the procurement of railway wagon components is a crucial step in promoting the modernization of railway enterprises' governance capabilities. This study formulates components purchasing for railway wagon as a two-stage Markov Decision Process (MDP) that jointly optimizes planned purchase quantities and supplier selection. Inputs to the MDP (demand signals and inventory) are treated as pre-processed operational forecasts from the enterprise data platform; the paper therefore focuses on the design of state/action spaces, reward construction, and the value-iteration solution for producing actionable purchasing decision. Using real business records from a large railway equipment group, simulation results demonstrate that the MDP-based decision reduces total purchasing cost, shortens purchasing lead time, and improves supplier quality metrics compared with legacy manual strategies.
Authors
- Qiuli Qin (ORCID: https://orcid.org/0000-0002-3787-8488)
- Shuo Zhang (ORCID: https://orcid.org/0000-0002-2824-618X)
- Chen Li
- Hao Hua
- Wenzhuo Wang
- Ping Gao
Institutions
- Beijing Jiaotong University (CN)
- China Railway Group (China) (CN)
- China Construction Bank (CN)
- Bank of China (CN)
Publication Details
- Journal
- Tehnicki vjesnik - Technical Gazette
- Published
- 2026-05-01
- DOI
- https://doi.org/10.17559/tv-20250525002698
- Primary Topic
- Supply Chain and Inventory Management
- Type
- article
- Field-Weighted Citation Impact
- 0.00