Configuration integer programs (IP) have been key in the design of algorithms for NP-hard high-multiplicity problems since the pioneering work of Gilmore and Gomory [Oper. Res., 1961]. Configuration IPs have a variable for each possible configuration, which describes a placement of items into a location, and whose value corresponds to the number of locations with that placement. In high multiplicity problems items come in types, and are represented succinctly by a vector of multiplicities; solving the configuration IP then amounts to deciding whether the input vector of multiplicities of items of each type can be decomposed into a given number of configurations. We make this implicit notion explicit by observing that the set of all input vectors decomposable into configurations forms a monoid, and solving the configuration IP is the Monoid Decomposition problem. Motivated by applications, we enrich this problem in two ways. First, sometimes each configuration additionally has an objective value, yielding an optimization problem of finding a "best" decomposition under the given objective. Second, there are often different types of configurations for different types of locations. The resulting problem is to optimize over decompositions of the input multiplicity vector into configurations of several types, and we call it Multitype Integer Monoid Optimization, or MIMO. We develop fast exact algorithms for various MIMO with few or many location types and with various objectives. Our algorithms build on a novel proximity theorem connecting the solutions of a certain configuration IP to those of its continuous relaxation. We then cast several fundamental scheduling and bin packing problems as MIMOs, and thereby obtain new or substantially faster algorithms for them. We complement our positive algorithmic results by hardness results.