8-6 Eddie Kelly is running for reelection as mayor of a small town in Alabama. Jessica Martinez, Kelly’s campaign manager during this election, is planning the marketing campaign, and there is some stiff competition. Martinez has selected four ways to advertise: television ads, radio ads, billboards, and newspaper ads. The costs of these, the audience reached by each type of ad, and the maximum number available are shown in the following table: In addition, Martinez has decided that there should be at least six ads on TV or social media or some combination of those two. The amount spent on billboards and newspapers together must not exceed the amount spent on TV ads. While fund-raising is still continuing, the monthly budget for advertising has been set at $15,000. Perform the four steps (i.e., define variables, determine objective function, identify constraints, list the non-negativity statement) and write equations. Use the table in the picture

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
icon
Related questions
Question
  • 8-6 Eddie Kelly is running for reelection as mayor of a small town in Alabama. Jessica Martinez, Kelly’s campaign manager during this election, is planning the marketing campaign, and there is some stiff competition. Martinez has selected four ways to advertise: television ads, radio ads, billboards, and newspaper ads. The costs of these, the audience reached by each type of ad, and the maximum number available are shown in the following table:

  • In addition, Martinez has decided that there should be at least six ads on TV or social media or some combination of those two. The amount spent on billboards and newspapers together must not exceed the amount spent on TV ads. While fund-raising is still continuing, the monthly budget for advertising has been set at $15,000. Perform the four steps (i.e., define variables, determine objective function, identify constraints, list the non-negativity statement) and write equations. Use the table in the picture 

TYPE OF AD
TV
Social media
Billboards
Newspapers
COST
PER AD
$800
$400
$500
$100
AUDIENCE
REACHED/AD
.
30,000
22,000
24,000
8,000
MAXIMUM
NUMBER
10
10
10
10
CE REACHEL
Transcribed Image Text:TYPE OF AD TV Social media Billboards Newspapers COST PER AD $800 $400 $500 $100 AUDIENCE REACHED/AD . 30,000 22,000 24,000 8,000 MAXIMUM NUMBER 10 10 10 10 CE REACHEL
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps

Blurred answer
Similar questions
Recommended textbooks for you
Practical Management Science
Practical Management Science
Operations Management
ISBN:
9781337406659
Author:
WINSTON, Wayne L.
Publisher:
Cengage,
Operations Management
Operations Management
Operations Management
ISBN:
9781259667473
Author:
William J Stevenson
Publisher:
McGraw-Hill Education
Operations and Supply Chain Management (Mcgraw-hi…
Operations and Supply Chain Management (Mcgraw-hi…
Operations Management
ISBN:
9781259666100
Author:
F. Robert Jacobs, Richard B Chase
Publisher:
McGraw-Hill Education
Business in Action
Business in Action
Operations Management
ISBN:
9780135198100
Author:
BOVEE
Publisher:
PEARSON CO
Purchasing and Supply Chain Management
Purchasing and Supply Chain Management
Operations Management
ISBN:
9781285869681
Author:
Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher:
Cengage Learning
Production and Operations Analysis, Seventh Editi…
Production and Operations Analysis, Seventh Editi…
Operations Management
ISBN:
9781478623069
Author:
Steven Nahmias, Tava Lennon Olsen
Publisher:
Waveland Press, Inc.