Consider the following linear programming problem: A shoe company is introducing
ID: 2891474 • Letter: C
Question
Consider the following linear programming problem:
A shoe company is introducing a new line of running shoes.
The marketing division decides to promote the line in a particular city. The promotion will consist of newspaper, radio, and television ads.
Each newspaper ad will cost $120, each television ad will cost $370, and each radio ad will cost $210.
The company wants to spend at most half of their money on ads in newspapers. They also would like to have at least 10 of each type of ad.
The marketing division believes that each newspaper ad will reach 4,700 men and 3,700 women, each television ad will reach 7,600 men and 6,600 women, and each radio ad will reach 4,500 men and 5,500 women.
The promotion will be considered successful if it reaches at least 400,000 men and 200,000 women.
The Advertising Budget is Limited to $21,000
How should the company divide its money between the newspaper, television, and radio ads so as to reach the required number of Men and Women at the Minimum Cost?
Choose the appropriate objective and constraints from the list below:
Question 14 options:
1)
4700N + 7600T + 4500R <= 21000
2)
N,T,R >= 0
3)
3700N + 6600T + 5500R >= 21000
4)
120N + 370T + 210R <= 21000
5)
120N <= .5(120N + 370T + 210R)
6)
N < .5(N + T + R)
7)
N,T,R Integers
8)
3700N + 6600T + 5500R >= 200,000
9)
4700N + 7600T + 4500R >= 400,000
10)
N,T,R >= 10
11)
N + T + R >= 10
12)
Minimize Cost = 120N + 370T + 210R
13)
Max Exposure = 8400N + 14200T + 10000R
1)
4700N + 7600T + 4500R <= 21000
2)
N,T,R >= 0
3)
3700N + 6600T + 5500R >= 21000
4)
120N + 370T + 210R <= 21000
5)
120N <= .5(120N + 370T + 210R)
6)
N < .5(N + T + R)
7)
N,T,R Integers
8)
3700N + 6600T + 5500R >= 200,000
9)
4700N + 7600T + 4500R >= 400,000
10)
N,T,R >= 10
11)
N + T + R >= 10
12)
Minimize Cost = 120N + 370T + 210R
13)
Max Exposure = 8400N + 14200T + 10000R
Explanation / Answer
Let N be the no. of newspapers advertisement, T be the no. of television advertisement and R be Radio Advertisement
Minimize Cost = 120N + 370T + 210R
Maximize Exposure = 8400N + 14200T + 10000R
subject to follwing constraints
120N + 370T + 210R <= 21000 (Using information that advertisement budget is 21000 dollars max and cost of each mode of advertisement)
120N <= .5(120N + 370T + 210R) (Using information that Newspaper Advertisement expenditure will be atmost half of the total advertisement spending)
3700N + 6600T + 5500R >= 200,000 (Using reach of each mode of advertisement to number of women and women to be exposed to advertisement atleast)
4700N + 7600T + 4500R >= 400,000 (Using reach of each mode of advertisement to number of men and men to be exposed to advertisement atleast)
N,T,R >= 10 (Using information that atleast 10 of each advertisement should be done)
Minimize Cost = 120N + 370T + 210R
Maximize Exposure = 8400N + 14200T + 10000R
subject to follwing constraints
120N + 370T + 210R <= 21000 (Using information that advertisement budget is 21000 dollars max and cost of each mode of advertisement)
120N <= .5(120N + 370T + 210R) (Using information that Newspaper Advertisement expenditure will be atmost half of the total advertisement spending)
3700N + 6600T + 5500R >= 200,000 (Using reach of each mode of advertisement to number of women and women to be exposed to advertisement atleast)
4700N + 7600T + 4500R >= 400,000 (Using reach of each mode of advertisement to number of men and men to be exposed to advertisement atleast)
N,T,R >= 10 (Using information that atleast 10 of each advertisement should be done)
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