Question
PLEASE DO IT IN EXCEL AND SHOW FORMULA TEXT Q&H Company advertises during soap operas and football games. Each soap opera ad costs $75,000, and
PLEASE DO IT IN EXCEL AND SHOW FORMULA TEXT
Q&H Company advertises during soap operas and
football games. Each soap opera ad costs $75,000,
and each football game ad costs $130,000. If S soap
opera ads are purchased, they will be seen by 4S1y2
million men and 22S1y2 million women. If F football
ads are purchased, they will be seen by 28F1y2 million
men and 10F1y2 million
women. The company wants
at least 60 million men and at least 50 million women
to see its ads.
a. Determine how to minimize Q&Hs cost of
reaching
the required number of viewers.
b. How does this model violate the proportionality
and additivity assumptions of LP?
c. Suppose that the number of women (in millions)
reached by F football ads and S soap opera ads is
8F1y2 1 22S1y2 2 0.3(FS)1y2. Why might this be
a more realistic representation of the number of
women viewers seeing Q&Hs ads?
PLEASE DO IT IN EXCEL AND SHOW FORMULA TEXT
Purchasing advertising Cost per ad ($1000s) Soap Football Ifs soap opera ads are used, they'll be watched by a*sqrt(s) million men, b*sqrt(s) women, where b IfFfootball ads are used, they'll be watched by c*sqrt(F) million men, d*sqrt(F) women, where c #d Soap Football Ads to purchase Viewer requirement in millions of viewers) Men Women Actual viewers Required viewers Total cost ($1000s) - . . . Parts a, b Part c + + B D E F G I 1 Purchasing advertising B 3 Cost per ad ($1000s) 4 Soap Football 5 6 7 If soap opera ads are used, they'll be watched by a*sqrt(s) million men, b*sqrt(s) women, where 8 a 9 b 10 11 If Ffootball ads are used, they'll be watched by c*sqrt(F) million men, d*sqrt(F) women, where 12 C 13 d 14 15 Soap Football 16 Ads to purchase 17 18 Viewer requirement (in millions of viewers) 19 Men Women 20 Actual viewers 21 22 Required viewers 23 24 Total cost ($1000s) 25 26 27 28 29 30 21Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started