For a telephone survey, a marketing research group needs to contact at least 150 wives, 120 husbands, 100 single adult males, and 110 single adult females. It costs $2 to make a daytime call and $5 to make an evening call. Table below shows the results that can be expected. Because of limited staff, at most half of all phone calls can be evening calls. Determine how to minimize the cost of completing the survey
For a telephone survey, a marketing research group needs to contact at least 150 wives, 120 husbands, 100 single adult males, and 110 single adult females. It costs $2 to make a daytime call and $5 to make an evening call. Table below shows the results that can be expected. Because of limited staff, at most half of all phone calls can be evening calls. Determine how to minimize the cost of completing the survey
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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For a telephone survey, a marketing research group needs to contact at least 150 wives, 120 husbands, 100 single adult males, and 110 single adult females. It costs $2 to make a daytime call and $5 to make an evening call. Table below shows the results that can be expected. Because of limited staff, at most half of all phone calls can be evening calls. Determine how to minimize the cost of completing the survey.
Percentages |
Daytime |
Evening |
Wife |
30% |
30% |
Husband |
10% |
30% |
Single male |
10% |
15% |
Single female |
10% |
20% |
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