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China --- North America

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Models, Statistical --- Noise, Occupational --- Noise, Transportation --- Probability --- Urban Health

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This book addresses production and inventory management problems where products can be replaced by specified substitutes. Depending on the considered application, substitutions can potentially improve the service level, reduce required safety stocks and total setup costs and times, utilize cost variations of input products, and reduce the amount of wastage. The main focus is the development of graphical modeling approaches for substitution options and of production planning models based on these approaches using mathematical programming. In addition to single-level dynamic lot-sizing models with substitutions, models for multi-level production systems with flexible bills-of-materials and recipes are devised. Also, a simulation-based optimization approach for a multi-location inventory system with substitutions is developed.

Inventory control --- Production management --- Mechanical Engineering --- Management --- Industrial & Management Engineering --- Management Theory --- Business & Economics --- Engineering & Applied Sciences --- Mathematical models --- Production planning. --- Inventory control. --- Control, Inventory --- Inventory management --- Stock control --- Manufacturing planning --- Process planning --- Business. --- Production management. --- Operations research. --- Decision making. --- Mathematical optimization. --- Management science. --- Business and Management. --- Operations Management. --- Operation Research/Decision Theory. --- Optimization. --- Operations Research, Management Science. --- Business logistics --- Physical distribution of goods --- Production control --- Inventories --- Planning --- Production engineering --- Operations Research/Decision Theory. --- Optimization (Mathematics) --- Optimization techniques --- Optimization theory --- Systems optimization --- Mathematical analysis --- Maxima and minima --- Operations research --- Simulation methods --- System analysis --- Operational analysis --- Operational research --- Industrial engineering --- Management science --- Research --- System theory --- Manufacturing management --- Industrial management --- Quantitative business analysis --- Problem solving --- Statistical decision --- Deciding --- Decision (Psychology) --- Decision analysis --- Decision processes --- Making decisions --- Management decisions --- Choice (Psychology) --- Decision making