Question: Use the following problem statement to answer questions 1-3. JAX Airport Parking wants to determine the best way to allocate a monthly advertising budget of

Use the following problem statement to answer questions 1-3. JAX Airport Parking wants to determine the best way to allocate a monthly advertising budget of $1000 between newspaper advertising and radio advertising. The company will use $20,000 completely. Management decided that at least 25% the budget must be spent on each type of media, and that the amount spent on radio advertising must be at least twice the amount of money spent on local newspaper advertising. A marketing consultant developed an index that measures audience exposure per $ of advertising on a scale from 0 to 100 , with higher values implying greater audience exposure. If the value of the index for local newspaper advertising is 60 and the value of the index for radio advertising is 70 , how should the company allocate its budget to maximize the value of total audience exposure? [Note: X1 = amount spent on newspaper advertising. X2= amount spent on radio advertising] Which of the following objective functions is correct? MaxZ=601+702MaxZ601+702MinZ=601+702 Which of the following constraints is correct? 2x2x1x12x2x22x1 Question 3 Which of the following constraints is correct? x120,000x1+x2=20,000x1+x220,000
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