Quantitative approaches in production management

Production management requires Operations Research models and methods for undertaking tactical decisions such as the optimal dimensioning of capacity during the design phase of production systems as well as operational decisions such as scheduling of operations facing dynamic demands that have to be met. Production companies, large-scale industrial ones as well as medium-size and small-lot producers aim at providing goods and services to the customers gain added value over the entire supply chain. The objectives are reducing costs and/or increasing revenues, benefits, and profits by optimizing the production infrastructure and the production processes. The consideration of uncertainties, scarce capacities, and many other constraints make production management a challenging task from the practical and the theoretical perspective.