Question: Please show formula! 3. Optimization (30 pts) Your company has tasked you with determining how to invest $1,000 for advertising this month. You have the

 Please show formula! 3. Optimization (30 pts) Your company has tasked

Please show formula!

3. Optimization (30 pts) Your company has tasked you with determining how to invest $1,000 for advertising this month. You have the choice between two different options: Newspaper and Radio Ads. For every $1 you spend on Newspaper, you earn 50 Exposure Points. For every $1 you spend on Radio, you earn 80 exposure points. Your boss also mentions you must follow the following rules: Va. You must spend at least $250 on Newspaper Ads You must spend at least $250 on Radio Ads You must spend at least twice as much on Newspaper ads as you did for Radio (ie Newspaper >= 2* Radio) Your objective is to determine how much money ($) to spend on both Newspaper and Radio ads in order to maximize your exposure points. Answer: Newspaper $666.67 Radio: $333.33

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