In problem 55, assume that before being shipped to los angeles or new york, all oil produced at the wells must be refinedat either galveston or mobile. to refine 1000 barrels of oil costs $5780 at mobile and $6250 at galveston. assuming thatboth mobile and galveston have infinite refinery capacity. determine how to minimize the daily cost of transporting andrefining the oil requirements of los angeles and new york(reference problem 55)sunco oil produces oil at two wells. well 1 can produce up to 150,000 barrels per day, and well 2 can produce up to200,000 barrels per day. it is possible to ship oil directly from the wells to sunco’s customers in los angeles and new yorkalternatively, sunco could transport oil to the ports of mobile and galveston and then ship it by tanker to new york or 5.7conclusion 283 los angeles. los angeles requires 160,000 barrels per day, and new york requires 140.000 barrels per day. the costs of shipping 1000 barrels between various locations are shown in the file p05_55,xlsx, where a blank indicatesshipments that are not allowed. determine how to minimize the transport costs in meeting the oil demands of los angelesand new york