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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