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Question 8 . ABC Oil produces oil at two wells. Well 1 can produce as many as 1 5 0 , 0 0 0 barrels

Question 8.
ABC Oil produces oil at two wells. Well 1 can produce as many as 150,000 barrels per day, and well 2 can produce as many as 200,000 barrels per day. It is possible to ship oil directly from the wells to ABC''s customers in Konya and Ankara. Alternatively, ABC could transport oil to the ports of Izmir and Iskenderun and then ship it by tanker to Ankara or Konya. Konya requires 160,000 barrels per day, and Ankara requires 140,000 barrels per day. The costs of shipping 1,000 barrels between two points are shown in Table below. Formulate a transshipment model that could be used to minimize the transport costs in meeting the oil demands of Konya and Ankara. (- means shipment not available) Solve the model on Excel.
\table[[From,To ($)],[Well 1,Well 2,Izmir,Iskenderun,Ankara,Konya],[Well 1,0,-,10,13,25,28],[Well 2,-,0,15,12,26,25],[Izmir,-,-,0,6,16,17],[skenderun,-,-,6,0,14,16],[Ankara,-,-,-,-,0,15],[Konya,-,-,-,-,15,0]]
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