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Part Two: Business Analytics 1 . Recognizing a problem 2 . Defining the problem 3 . Structuring the problem 4 . Analyzing the problem 5
Part Two: Business Analytics
Recognizing a problem
Defining the problem
Structuring the problem
Analyzing the problem
Interpreting results and making a decision
Implementing the solution Two advertising media are being considered for promotion of a product. Radio ads
cost $ each, while newspaper ads cost $ each. The total budget is $
per week. The total number of ads should be at least with at least of each
type. Each newspaper ad reaches people, while each radio ad reaches
people. The company wishes to reach as many people as possible while meeting all
the constraints stated. How many ads of each type should be placed? Please also provide a graph
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