According to Table 8-2, what is the advertising budget constraint? ( A 800T + 1000N + 400R < 10,000 B) 7000T + 8500N + 3000R < 10,000 (c) 10T + 7N + 20R < 10,000 800T + 1000N + 400R 2 10,000 E 10T + 7N + 20R 2 10,000

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

what is the correct answer?

Diamond Jeweler's is trying to determine how to advertise in order to maximize their exposure. Their weekly advertising
budget is $10,000. They are considering three possible media: tv, newspaper, and radio. Information regarding cost and
exposure is given in the table below:
f8g1q40g1.gif
audience
maximum
reached
cost per
ads per
per ad
7,000
Medium
ad ($)
week
TV
800
10
Newspaper
Radio
8,500
1000
7
3,000
400
20
Let T= the # of tv ads, N = the # of newspaper ads, and R= the # of radio ads
According to Table 8-2, what is the advertising budget constraint?
A) 800T + 1000N + 400R < 10,000
B) 7000T + 8500N + 3000R < 10,000
10T + 7N + 20R < 10,000
D 800T + 1000N + 400R 2 10,000
E) 10T + 7N + 20R 2 10,000
Transcribed Image Text:Diamond Jeweler's is trying to determine how to advertise in order to maximize their exposure. Their weekly advertising budget is $10,000. They are considering three possible media: tv, newspaper, and radio. Information regarding cost and exposure is given in the table below: f8g1q40g1.gif audience maximum reached cost per ads per per ad 7,000 Medium ad ($) week TV 800 10 Newspaper Radio 8,500 1000 7 3,000 400 20 Let T= the # of tv ads, N = the # of newspaper ads, and R= the # of radio ads According to Table 8-2, what is the advertising budget constraint? A) 800T + 1000N + 400R < 10,000 B) 7000T + 8500N + 3000R < 10,000 10T + 7N + 20R < 10,000 D 800T + 1000N + 400R 2 10,000 E) 10T + 7N + 20R 2 10,000
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 3 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.