Question: PLEASE, SOLVE QUESTION ON PAPER. NO SOFTWARE USE ALLOWED Problem 1 A bank has two sites at which checks are processed. Site 1 can process

PLEASE, SOLVE QUESTION ON PAPER. NO SOFTWARE USE ALLOWED

Problem 1 A bank has two sites at which checks are processed. Site 1 can process 10,000 checks per day, and site 2 can process 6,000 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, 5,000 checks of each type must be processed. 1) Formulate a balanced transportation problem to minimize the daily cost of processing checks. (4 points) 2) Use Vogel's method to find a basic feasible solution. (4 points) 3) Use the transportation simplex to solve the problem. (7 points)

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