Question: QUESTIONS Remark: You will have 5 questions regarding the same problem but in each question the numbers will be different An advertising company offer three

QUESTIONS Remark: You will have 5 questions
QUESTIONS Remark: You will have 5 questions regarding the same problem but in each question the numbers will be different An advertising company offer three types of mediums television, newspaper and radio. The cost for each medium with its audience coverage is given below. Television Newspaper Radio Cost per advertisement ($) 12200 1000 4400 Audience per advertisement 117,000 30,000 13,000 The company is capable of using a number of newspaper advertisement slots up to 11(restriction on the number of advertisement in the newspaper). Moreover, in order to balance the advertising among the three types of media, the total number of advertisements on radio should not occur more than 46% of total number of advertisement, and at least 17% of the total number of advertisements should occur on television. The weekly advertising budget is $24400. How many advertisements should be run in each of the three types of media to maximize the total audience? If we assume the number of ads on cach type of moduim as follows: T. N. R respectively Given the Newspaper constrain N sm What is the value of m? Remember: The answer box can not accept any text

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!