Question: plz: do not use excel formula to solve this. Ross-Simons Company has a monthly advertising budget of $75,000. Their marketing department estimates that if they
plz: do not use excel formula to solve this.
Ross-Simons Company has a monthly advertising budget of $75,000.
Their marketing department estimates that if they spend x dollars on newspaper advertising and y dollars on television advertising then the monthly sales will be given by the following equation: z = f(x, y) = 90x0.8y.
Determine how much money Ross-Simons should spend on newspaper ads and on television ads each month to maximize its monthly sales.
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