Question: 1 - 1 . This exercise starts with a two - variable linear program similar in structure to the one of Sec - tions 1
This exercise starts with a twovariable linear program similar in structure to the one of Sec
tions and but with a quite different story behind it
a You are in charge of an advertising campaign for a new product, with a budget of $ million. You can advertise on TV or in magazines. One minute of TV time costs $ and reaches million potential customers; a magazine page costs $ and reaches million. You must sign up for at least minutes of TV time. How should you spend your budget to maximize your audi ence? Formulate the problem in AMPL and solve it Check the solution by hand using at least one of the approaches described in Section
b It takes creative talent to create effective advertising; in your organization, it takes three personweeks to create a magazine page, and one personweek to create a TV minute. You have only personweeks available. Add this constraint to the model and determine how you should now spend your budget.
c Radio advertising reaches a quarter million people per minute, costs $ per minute, and requires only personday of time. How does this medium affect your solutions?
d How does the solution change if you have to sign up for at least two magazine pages? A maxi mum of minutes of radio?
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