Question: Can i get the conclusion for this below goal programing ?? Objective of the Project: The objective of this report is to identify the three

Can i get the conclusion for this below goal programing ??

Objective of the Project:

The objective of this report is to identify the three target audiences customers are trying to reach and with having advertising budget of $600,000.

Defining Goals:

Goal 1: Advertisement needs to be seen by at least 40 million high-income men (HIM)

Goal 2: Advertisement needs to be seen by at least 60 million low-income people (LIP)

Goal; 3: Advertisement needs to be seen by at least 35 million high-income women (HIW)

Defining the Decision Variable:

The advertising during the football games and soap operas will cover the target audience and it is viewed by many viewers. The table below indicates the number of viewers from the different categories that will be viewing these types of programming.

HIM

LIP

HIW

COST

Football ad(per min)

7 million

10 million

5 million

$100,000

Soap opera ad (per min)

3 million

5 million

4 million

$60,000

Expressing the goals as equation:

Let X1 as minutes of football ad

Let X2 as minutes of soap opera ad

Goal 1- (HIM) 7x1 +3x2 40

Goal 2- (LIP) 10x1 +5x2 60

Goal 3 HIW 5x1 +4x2 35

Ad Budget) 100 X1 + 60 X 2 <-600

Defining the Goal Constraints and Calculations:

Formulating the problem as an Linear programing

HIM) 7x1 +3x2 40

(LIP) 10x1 +5x2 60

HIW 5x1 +4x2 35

(Ad Budget) 100 X1 + 60 X 2 <-600

X1, X2 0

So now we have the above goals, in goal programming we must remove the in equalities and add the slag variables

So, for the soft constrains we added deviation variables

d- i = represents the amount by which each goals target value is underachieved,

d+i = represents the amount by which each goals target value is overachieved.

by introducing the deviation variables on the LHS

HIM 7x1 +3x2 + d1 d+1 = 40

LIP 10x1 +5x2 + d2 d+2 = 60

HIW 5x1 +4x2 + d3 d+3 = 35

x1, x2, d1 , d+1 ,+ d2 , d+2 , d3, d+3 0

We dont want to go below 40 for HIM

We dont want to go below 60 for LIP

And not below 35 for HIW

So, we need to minimize d1 , d2,d3

Suppose each shortfall of 1,000,000 viewers from the goal translates to a cost of $200,000 for HIM, 100,000 for LIP and for HIW its $50,000

Then the objective function will be

Min Z = 200 d1 +100 d2,+50 d3

Excel Calculations:

Exposures of each ad media to various groups (input data)

Football ads

Soap opera ads

Goal weight

Goal level

High-income men

7

3

1

1

High-income women

5

4

1.2

1

Low-income people

10

5

2

Cost/unit

$1,00,000

$60,000

Cost of ads

Football ads

Soap opera ads

Total

<=

Budget

500000

100000

600000

$6,00,000

Achievement of goals

Total exposures

Under goals

Sum

Goals

High-income men

40

0

40

>=

40

High-income women

31.66666667

3.333333333

35

>=

35

Low-income people

58.33333333

1.666666667

60

>=

60

Deviation fromgoals

Deviation

Dev from goal 1

0

Dev from goal 2

3.333333333

Dev from goal 3

1.666666667

Weighted goals of L1

4

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