DM: Supersedes & Substitutes of an old item A with a new Item B. Substitution Set?

Summary:

DM: supersedes or substitutes of an old item A with a new item B using an FBDI file.

Questions.

1. Do I need to create a Substitute Set?
2. Where do I create the Substitute Set?

Content (please ensure you mask any confidential information):

DM: supersedes or substitutes of an old item A with a new item B using an FBDI template “Supply Chain Planning Item Substitute”.

Scenario:

We want to be able to transfer the “Bookings History” and “Option Bookings History” from Item A to Item B using either supersede or substitute.
Hybrid system Oracle EBS and Fusion Demand Management and Fusion Supply Planning.