You are about to go live with a Latin music download service that will compete head-to-head with Apple's iTunes. You will be selling digital albums of regional (Mexican/Tejano) music for $5 each, pop/rock albums for $4 each, and tropical (salsa/merengue/cumbia/bachata) for $6 each. Your servers can handle up to 46,000 downloaded albums per day, and you anticipate on the basis of national sales, revenues from regional music will be at least five times those from tropical music. You also anticipate that you will sell at least 11,000 pop/rock albums per day as a result of the very attractive $4 price. On the basis of these assumptions, how many of each type of album should you sell for a maximum daily revenue?

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
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You are about to go live with a Latin music download service that will compete head-to-head with Apple's iTunes. You will be selling digital albums of regional (Mexican/Tejano) music for $5 each,
pop/rock albums for $4 each, and tropical (salsa/merengue/cumbia/bachata) for $6 each. Your servers can handle up to 46,000 downloaded albums per day, and you anticipate on the basis of national
sales, revenues from regional music will be at least five times those from tropical music. You also anticipate that you will sell at least 11,000 pop/rock albums per day as a result of the very attractive
$4 price. On the basis of these assumptions, how many of each type of album should you sell for a maximum daily revenue?
regional
pop/rock
tropical
music albums
music albums
music albums
What will your daily revenue be?
$
Transcribed Image Text:You are about to go live with a Latin music download service that will compete head-to-head with Apple's iTunes. You will be selling digital albums of regional (Mexican/Tejano) music for $5 each, pop/rock albums for $4 each, and tropical (salsa/merengue/cumbia/bachata) for $6 each. Your servers can handle up to 46,000 downloaded albums per day, and you anticipate on the basis of national sales, revenues from regional music will be at least five times those from tropical music. You also anticipate that you will sell at least 11,000 pop/rock albums per day as a result of the very attractive $4 price. On the basis of these assumptions, how many of each type of album should you sell for a maximum daily revenue? regional pop/rock tropical music albums music albums music albums What will your daily revenue be? $
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