Optimization in Production Analytics

This book deals with problems of Operational Production Planning and Lot-Sizing. Problems ofthis type and the data collection and analysis involved are also called Production Analytics a subset of the more general Business Analytics. These are commonly divided into Descriptive Analytics (data collection and analysis visualization etc.) Predictive Analytics (identification of relationships between variables forecasting etc.) and Prescriptive Analytics (decision preparation optimization etc.). The book is about optimization models and algorithms for production planning i. e. problems from the field of Prescriptive Analytics.