A company can advertise through radio, TV, or newspaper. The weekly costs of advertising on the three media are estimated at $200, $900, and $300, respectively. The company can classify its sales volume during each week as 

(1) Fair, 

(2) Good, or 

(3) Excellent. A summary of the transition probabilities associated with each advertising medium follows.

The corresponding weekly returns (in dollars) are

Find the optimal advertising policy over the next 3 weeks.

Transcribed Image Text:

1 2 3 1 Radio 2 3 .4 .5 .1 .1 .7 .2 .1 .2 .7 1 2 3 TV 1 2 3 .7 .2 .3 .6 .1.7.2 .1 .1 Newspaper 2 3 1 1 .2 .5 .3 2 0 .7 .3 3 0 .2 .8