PROBLEM 7 Eyewitness News is shown on channel 5 Monday through Friday evenings from 5:00 P.M. to 6:00 P.M. During the hour-long broadcast, 18 minutes are allocated to commercials. The remaining 42 minutes of airtime are allocated to single or multiple time segments for local news and features, national news, sports, and weather. The station has learned through several viewer surveys that viewers do not consistently watch the entire news program; they focus on some segments more closely than others. For example, they tend to pay more attention to the local weather than the national news (because they know they will watch the network news following the local broadcast). As such, the advertising revenues generated for commercials shown during the different broadcast segments are $850 per minute for local news and feature segments, $600 per minute for national news, $750 per minute for sports, and $1,000 per minute for the weather. The production cost for local news is $400 per minute, the cost for national news is $100 per minute, the cost for sports is $175 per minute, and for weather it's $90 per minute. The station budgets $9,000 per show for production costs. The station's policy is that the broadcast time devoted to local news and features must be at least 10 minutes but not more than 25 minutes, whereas national news, sports, and weather must have segments of at least 5 minutes each but not more than 10 minutes. Commercial time must be limited to no more than 6 minutes for each of the four broadcast segment types. The station manager wants to know how many minutes of commercial time and broadcast time to allocate to local news, national news, sports, and weather to maximize advertising revenues. Required: Solve this model by using the computer.
PROBLEM 7 Eyewitness News is shown on channel 5 Monday through Friday evenings from 5:00 P.M. to 6:00 P.M. During the hour-long broadcast, 18 minutes are allocated to commercials. The remaining 42 minutes of airtime are allocated to single or multiple time segments for local news and features, national news, sports, and weather. The station has learned through several viewer surveys that viewers do not consistently watch the entire news program; they focus on some segments more closely than others. For example, they tend to pay more attention to the local weather than the national news (because they know they will watch the network news following the local broadcast). As such, the advertising revenues generated for commercials shown during the different broadcast segments are $850 per minute for local news and feature segments, $600 per minute for national news, $750 per minute for sports, and $1,000 per minute for the weather. The production cost for local news is $400 per minute, the cost for national news is $100 per minute, the cost for sports is $175 per minute, and for weather it's $90 per minute. The station budgets $9,000 per show for production costs. The station's policy is that the broadcast time devoted to local news and features must be at least 10 minutes but not more than 25 minutes, whereas national news, sports, and weather must have segments of at least 5 minutes each but not more than 10 minutes. Commercial time must be limited to no more than 6 minutes for each of the four broadcast segment types. The station manager wants to know how many minutes of commercial time and broadcast time to allocate to local news, national news, sports, and weather to maximize advertising revenues. Required: Solve this model by using the computer.
Database System Concepts
7th Edition
ISBN:9780078022159
Author:Abraham Silberschatz Professor, Henry F. Korth, S. Sudarshan
Publisher:Abraham Silberschatz Professor, Henry F. Korth, S. Sudarshan
Chapter1: Introduction
Section: Chapter Questions
Problem 1PE
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PLEASE USE EXCEL ON ANSWERING THE QUESTIONS. MAKE SURE TO TAKE A SCREENSHOT STEP BY STEP OF HOW YOU DID THE SOLUTIONS IN EXCEL. ANSWER THIS COMPLETELY TO GET AN UPVOTE. I POSTED A LOT OF THIS, IF YOU SEE THIS AGAIN, YOU CAN SEND THE SAME SOLUTIONS, I WILL STILL UPVOTE DO NOT WORRY, JUST GIVE ME THE CORRECT SOLUTIONS AND ANSWERS.
I REPEAT, ONLY EXCEL
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