Question: A bank has opened two special branches for check transactions. Branch 1 can process 1000 checks per day, and Branch 2 can process 600 checks
A bank has opened two special branches for check transactions. Branch 1 can process 1000 checks per day, and Branch 2 can process 600 checks per day. The Bank provides corporate, commercial and personal check processing services. In Branch 1, these transactions incur a cost of 10, 8 and 4 dollar, respectively. The figures in question for Branch 2 are 6, 8 and 10 dollar. Every day, 500 transactions must be made for each type of check (500 corporate, 500 commercial and 500 personal check customers come to the branches and their demands must be met). Using simplex method, solve the linear programming problem that will minimize the daily cost.
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