Route optimization for the cement industry under the CPEC initiative
Moez Munir,
Rameez Khalid () and
Muhammad Latif
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Rameez Khalid: Institute of Business Administration, University Road, Karachi
Muhammad Latif: Manchester Metropolitan University
Business Review, 2017, vol. 12, issue 2, 65-83
Abstract:
The China-Pakistan Economic Corridor (CPEC) initiative envisages substantial infrastructure development in Pakistan. This study ascertains optimal transportation routes for the cement industry under the CPEC program using a mixed integer linear programming model and discrete-event simulation using Witness simulation software. The solution of the mathematical model presents the best combination of cement manufacturing clusters, road interchanges and ports to connect. Policy makers and practitioners can use the findings of this study to optimize logistics decisions under CPEC.
Keywords: China; Pakistan; Economic; Corridor; ·; Interchange; location; ·; Mixed; integer; linear; optimization; ·; Discrete-event; simulation; ·; Witness; modeling (search for similar items in EconPapers)
Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:aho:journl:v:12:y:2017:i:2:p:65-83
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