(2) A shoe company forecasts the following demands during the next three months: 200, 260, 240. It c

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(2) A shoe company forecasts the following demands during the next three months: 200, 260, 240. It costs $7 to produce a pair of shoes with regular time labor (RT) and $11 with overtime labor (OT). During each month, regular production is costs $1 per month to hold a pair of shoes in inventory. Formulate a balanced transportation problem to minimize the total cost of meeting the next three months of demand on time

(2) A shoe company forecasts the following demands during the next three months: 200, 260, 240. It costs $7 to produce a pair of shoes with regular time labor (RT) and $11 with overtime labor (OT). During each month, regular production is costs $1 per month to hold a pair of shoes in inventory. Formulate a balanced transportation problem to minimize the total cost of meeting the next three months of demand on time

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