Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

A marketing research firm would like to survey undergraduate and graduate college students about whether or not they take out student loans for their education.

A marketing research firm would like to survey undergraduate and graduate college students about whether or not they take out student loans for their education. There are different cost implications for the region of the country where the college is located and the type of degree. The survey cost table is provided below:
Student type
Region
undergraduate
graduate
East
$10
$15
Central
$12
$18
West
$15
$21
The requirements for the survey are as follows:
The survey must have at least 1500 students
At least 400 graduate students
At least 100 graduate students should be from the West
No more than 500 undergraduate students should be from the East
At least 75 graduate students should be from the Central region
At least 300 students should be from the West
The marketing research firm would like to minimize the cost of the survey while meeting the requirements. Let X1= # of undergraduate students from the East region, X2= # of graduate students from the East region, X3= # of undergraduate students from the Central region, X4= # of graduate students from the Central region, X5= # of undergraduate students from the West region, and X6= # of graduate students from the West region.According to this problem, the constraint that there must be at least 400 graduate students is expressed as:
Select one:
a.
X1+ X2+ X3+ X4+ X5+ X6<=400.
b.
X1+ X2+ X3+ X4+ X5+ X6>=400.
c.
X2+ X4+ X6>=400.
d.
X1+ X3+ X5>=400.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_step_2

Step: 3

blur-text-image_step3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Management Today

Authors: Terri A. Scandura, Kim Gower

1st Edition

ISBN: 1506385877, 978-1506385877

More Books

Students also viewed these General Management questions

Question

1. Describe the power of nonverbal communication

Answered: 1 week ago