Question: Part 1 : LP Modeling ( 3 0 marks ) A company is planning for its marketing campaign to promote three types of products: Product

Part 1: LP Modeling (30 marks) A company is planning for its marketing campaign to promote three types of products: Product 1, Product 2, and Product 3. The marketing campaign consists of purchasing three types of advertisements: TV ads, Print ads, and Radio ads. A TV ad will cost $30,000 each and increases the sale of Product 1 by 2%, increases the sale of Product 2 by 1%, and has no impact on the sale of Product 3. A Print ad will cost $20,000 each and increases the sale of Product 1 by 3%, increases the sale of Product 2 by 2%, and decreases the sale of Product 3 by 1%. A Radio ad will cost $15,000 and has no impact on the sale of Product 1, decrease the sale of Product 2 by 1.5%, and increases the sale of Product 3 by 4%. In the coming week, the company can buy any number of Print ads, but can only buy up to 55 and 35 TV ads and Radio ads, respectively. The company intends to boost the sale of Product 1, Product 2, and Product 3, by at least 12%,15%, and 9%, respectively, in the coming week. In addition, the number of TV ads purchased should not exceed the number of Print ads and Radio ads by 10 and 13, respectively. Formulate an LP model for the above business problem (DO NOT SOLVE THE MODEL)

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