Question: A bank has two sites at which checks are processed. Site 1 can process 12,000 checks per day, and site 2 can process 7000 checks
A bank has two sites at which checks are processed. Site 1 can process 12,000 checks per day, and site 2 can process 7000 checks per day. The bank processes three types of checks: vendor, salary, and personal. The processing cost per check depends on the site (see Table). Each day, 6000 checks of each type must be processed. Type of Check Site 1 Site 2 Vendor $0.05 $0.03 Salary $0.03 $0.04 Personal $0.02 $0.05 Based on your linear programming model to optimize the daily cost of processing checks, formulate, show, and solve the optimal checks distribution
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