Ross-Simons Company has a monthly advertising budget of $75,000. Their marketing department estimates that if they spend

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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.

(Round your answers to 2 decimal places.)

Related Book For answer-question

Quantitative Methods For Business

ISBN: 978-0273739470

5th edition

Authors: Donald Waters

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Posted Date: Apr 25, 2020 10:26 AM

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Ross-Simons Company has a monthly advertising budget of $75,000. Their marketing department estimates that if they spend

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Quantitative Methods For Business

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