Optimal use of downward substitution in a manufacturing operation subject to uncertainty

•We conduct a comprehensive investigation of downward substitution for a capacitated manufacturer subject to supply and demand uncertainty.•We identify two distinct uses of downward substitution and derive the optimality conditions for both in a single-period setting.•We conduct a numerical study th...

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Bibliographic Details
Published in:Omega (Oxford) Vol. 103; p. 102372
Main Authors: Freeman, Nickolas K., Narayanan, Arunachalam, Keskin, Burcu B.
Format: Journal Article
Language:English
Published: Elsevier Ltd 01.09.2021
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ISSN:0305-0483, 1873-5274
Online Access:Get full text
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