"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...

Production and Operations Management: Models and Algorithms -- Graphical Modeling of Substitutions and Flexible Bills-of-Materials -- Literature Review -- Efficient Reformulations for Uncapacitated and Capacitated Lot-Sizing with Substitutions and Initial Inventories -- MIP-Based Heuristics for...