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Business Review

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, Mixedinteger linear optimization, Discrete-event simulation, Witness modeling

DOI

https://doi.org/10.54784/1990-6587.1043

Creative Commons License

Creative Commons Attribution 4.0 International License
This work is licensed under a Creative Commons Attribution 4.0 International License.

Submitted

December 21, 2020

Published

July 01, 2017

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