Cedar Point amusement park management is preparing the park\'s annual promotiona
ID: 3005759 • Letter: C
Question
Cedar Point amusement park management is preparing the park's annual promotional plan for the coming season. Several advertising alternatives exist: newspaper, television, radio, and displays at recreational shows. The information below shows the characteristics associated with each of the advertising alternatives, as well as the maximum number of placements available in each medium. The following table provides the relevant data.
Let X1 = number of newspaper placements, X2 = number of television placements, X3 = number of radio placements, X4 = number of recreational shows Given an advertising budget of $250,000, how many placements should be made in each medium to maximize total audience exposure? What would be the objective function in this problem?
1500X1 + 2200X2 + 750X3 + 150X4 ? 250000
Minimize 1500X1 + 2200X2 + 750X3 + 150X4
Maximize 80X1 + 120X2 + 45X3 + 10X4
Maximize 100X1 + 50X2 + 50X3 + 3X4
1500X1 + 2200X2 + 750X3 + 150X4 ? 250000
Minimize 1500X1 + 2200X2 + 750X3 + 150X4
Maximize 80X1 + 120X2 + 45X3 + 10X4
Maximize 100X1 + 50X2 + 50X3 + 3X4
Maximum num ber 100 50 50 Exposure (1000s] Ad Type Newspaper Television Radin Shuws Cost 1500 2200 750 150 8O 120 45 10Explanation / Answer
Let X1 = number of newspaper placements
X2 = number of television placements
X3 = number of radio placements
X4 = number of recreational
shows
Maximize 80X1 + 120X2 + 45X3 + 10X4
Subject to: 1500X1 + 2200X2 + 750X3 + 150X4 250000
X1 100
X2 50
X3 50
X4 3
X1, X2, X3, X4 0
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