For this assignment you will need to submit 2 documents. A word document with the linear programs typed out, and your answers typed out, and an excel file with your supporting work. A political candidate is planning his media budget for an upcoming election. He has $90,500 to spend. His political consultants have provided him with the following estimates of additional votes as a result of the advertising effort: -for every small sign placed by the roadside, he will garner 10 additional votes. -for every large sign placed by the roadside, he will garner 30 additional votes. -for every thousand bumper stickers placed on cars, he will garner 10 additional votes. -for every hundred personal mailings to voters, he will garner 40 additional votes. -for every radio ad heard in the last month, he will garner 485 additional votes. The costs for each of the advertising devices, along with the practical minimum and maximum that should be planned for each, are shown on the following table. How should the candidate plan to spend his campaign money? Advertising Medium Cost Minimum Maximum Bumper stickers (thousands) $30 50 100 Personal mailings (hundreds) $85 400 500 Radio Ads (per day) $1,000 3 15 Small road signs $25 80 |400 Large road signs $60 75 325
For this assignment you will need to submit 2 documents. A word document with the linear programs typed out, and your answers typed out, and an excel file with your supporting work. A political candidate is planning his media budget for an upcoming election. He has $90,500 to spend. His political consultants have provided him with the following estimates of additional votes as a result of the advertising effort: -for every small sign placed by the roadside, he will garner 10 additional votes. -for every large sign placed by the roadside, he will garner 30 additional votes. -for every thousand bumper stickers placed on cars, he will garner 10 additional votes. -for every hundred personal mailings to voters, he will garner 40 additional votes. -for every radio ad heard in the last month, he will garner 485 additional votes. The costs for each of the advertising devices, along with the practical minimum and maximum that should be planned for each, are shown on the following table. How should the candidate plan to spend his campaign money? Advertising Medium Cost Minimum Maximum Bumper stickers (thousands) $30 50 100 Personal mailings (hundreds) $85 400 500 Radio Ads (per day) $1,000 3 15 Small road signs $25 80 |400 Large road signs $60 75 325
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...
Related questions
Question
Plz solve both within 30-40 mins I'll give you multiple upvote
Transcribed Image Text:For this assignment you will need to submit 2 documents. A word document with the linear programs typed out, and your answers typed out,
and an excel file with your supporting work.
A political candidate is planning his media budget for an upcoming election. He has $90,500 to spend. His political consultants have provided
him with the following estimates of additional votes as a result of the advertising effort:
-for every small sign placed by the roadside, he will garner 10 additional votes.
-for every large sign placed by the roadside, he will garner 30 additional votes.
-for every thousand bumper stickers placed on cars, he will garner 10 additional votes.
-for every hundred personal mailings to voters, he will garner 40 additional votes.
-for every radio ad heard in the last month, he will garner 485 additional votes.
The costs for each of the advertising devices, along with the practical minimum and maximum that should be planned for each, are shown on
the following table. How should the candidate plan to spend his campaign money?
Advertising Medium
Cost
Minimum
Мaximum
Bumper stickers (thousands)
$30
50
100
Personal mailings (hundreds)
$85
400
500
Radio Ads
$1,000
3
15
(per day)
Small road signs
$25
80
400
Large road signs
$60
75
325
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 2 steps with 4 images
Similar questions
Recommended textbooks for you
Practical Management Science
Operations Management
ISBN:
9781337406659
Author:
WINSTON, Wayne L.
Publisher:
Cengage,
Operations Management
Operations Management
ISBN:
9781259667473
Author:
William J Stevenson
Publisher:
McGraw-Hill Education
Operations and Supply Chain Management (Mcgraw-hi…
Operations Management
ISBN:
9781259666100
Author:
F. Robert Jacobs, Richard B Chase
Publisher:
McGraw-Hill Education
Practical Management Science
Operations Management
ISBN:
9781337406659
Author:
WINSTON, Wayne L.
Publisher:
Cengage,
Operations Management
Operations Management
ISBN:
9781259667473
Author:
William J Stevenson
Publisher:
McGraw-Hill Education
Operations and Supply Chain Management (Mcgraw-hi…
Operations Management
ISBN:
9781259666100
Author:
F. Robert Jacobs, Richard B Chase
Publisher:
McGraw-Hill Education
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…
Operations Management
ISBN:
9781478623069
Author:
Steven Nahmias, Tava Lennon Olsen
Publisher:
Waveland Press, Inc.