System and method for resource planning with substitutable assets

A computer system for utilizing substitutable assets that can be used as substitutes to fulfill orders for specific assets, the system comprising a memory and a semiconductor-based processor, the memory and the processor forming one or more logic circuits configured to:

• predict acceptability of different asset types of the substitutable assets as substitutes for the specific assets requested in each of the orders;
• select a pool of to-be-allocated assets including acceptable substitutable assets for the orders;
• and
• allocate selected assets from the pool to fulfill each of the orders according to a multi-objective vector optimization solution.

A non-transitory computer readable storage medium having instructions stored thereon, including instructions which, when executed by a microprocessor, cause a computer system to generate a resource plan utilizing substitutable assets that can be used as substitutes to fulfill orders for specific assets by:

• predicting acceptability of different asset types of the substitutable assets as substitutes for the specific assets requested in each of the orders;
• selecting a pool of to-be-allocated assets including acceptable substitutable assets for the orders;
• and
• allocating selected assets from the pool to fulfill each of the orders according to a multi-objective vector optimization solution.