An advertising company offer three types of mediums: television, newspaper and radio . The cost for each medium with its audience coverage is given below. Television Newspaper Radio Cost per advertisement ($) 1800 900 400 Audience per advertisement 108,000 43,000 15,000 The company is capable of using a number of newspaper advertisement slots up to 8. Moreover, in order to balance the advertising among the three types of media, the total number of advertisements on radio should not occur more than 48% of total number of advertisement. and at least 18% of the total number of advertisements should occur on television. The weekly advertising budget is $23300. How many advertisements should be run in each of the three types of media to maximize the total audience? If we assume the number of ads on each type of meduim as follows : T, N, R respectively Given the following budget constrain: aT - bN + cR < 23300 What is the value of b? Remember: The answer box can not accept anv text Save All Ansi

Practical Management Science
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Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
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An advertising company offer three types of mediums: television, newspaper and radio . The cost
for each medium with its audience coverage is given below.
Television
Newspaper Radio
Cost
per
advertisement (S)
1800
900
400
Audience per advertisement
108,000
43,000
15,000
The company is capable of using a number of newspaper advertisement slots up to 8. Moreover,
in order to balance the advertising among the three types of media, the total number of
advertisements on radio should not occur more than 48% of total number of advertisement. and
at least 18% of the total number of advertisements should occur on television. The weekly
advertising budget is S23300. How many advertisements should be run in each of the three types
of media to maximize the total audience?
If we assume the number of ads on each type of meduim as follows : T, N, R respectively
Given the following budget constrain:
aT - bN + cR < 23300
What is the value of b?
Remember: The answer box can not accept anv text
Save All Answers
Click Save and Submit to save and submit. Click Save All Answers to save all answers.
Transcribed Image Text:Remaining Time: 37 minutes, 19 seconds. A Question Completion Status: 1 2 3 5 6. 7 8 10 An advertising company offer three types of mediums: television, newspaper and radio . The cost for each medium with its audience coverage is given below. Television Newspaper Radio Cost per advertisement (S) 1800 900 400 Audience per advertisement 108,000 43,000 15,000 The company is capable of using a number of newspaper advertisement slots up to 8. Moreover, in order to balance the advertising among the three types of media, the total number of advertisements on radio should not occur more than 48% of total number of advertisement. and at least 18% of the total number of advertisements should occur on television. The weekly advertising budget is S23300. How many advertisements should be run in each of the three types of media to maximize the total audience? If we assume the number of ads on each type of meduim as follows : T, N, R respectively Given the following budget constrain: aT - bN + cR < 23300 What is the value of b? Remember: The answer box can not accept anv text Save All Answers Click Save and Submit to save and submit. Click Save All Answers to save all answers.
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