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An advertising company wishes to plan an advertising campaign in two different media: television and radio. The purpose of the advertising program is to reach

An advertising company wishes to plan an advertising campaign in two different media: television and radio. The purpose of the advertising program is to reach as many of the potential customers as possible. Results of a market study are given below:

TV

Radio

Cost of an advertising unit

$125,000

$30,000

Number of potential customers

reached per unit

1.3M

500,000

Number of women customers

reached per unit

700,000

200,000

The company has an advertising budget of $800,000 and has the following goals to achieve in order of importance:

1. At least two million exposures should take place among women.

2. Advertising on television to be limited to $500,000.

3. Achieve a total exposure of three million potential customers.

4. The number of advertising units on radio should be between 5 and 10.

Answer:

  1. Using your choice of linear programming software, solve as a preemptive goal program and report results.

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