Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Problem B (30 points) The program manager, Matt Simon, for TV Channel 25 would like to determine the best way to allocate the time for

Problem B (30 points)The program manager, Matt Simon, for TV Channel 25 would like to determine the best way to allocate the time for the 11:00-11:30 evening news broadcast. He would like to know the most profitable way to allocate broadcast time to local news, national news, weather, and sports. Over the thirty-minute broadcast, no more than ten minutes can be set aside for commercial advertising which generates the sole profit at a rate of $2500 per minute. The station's broadcast policy states that at least 15% of the time available should be devoted to local news coverage; the time devoted to local news and national news combined must be at least 50% of the total broadcast time; the time devoted to the weather segment must be less than or equal to the time devoted to sports segment; the time devoted to the sports segment should be no longer than the combined time spent on the local and national news; and at least 18% of the broadcast time should be devoted to the weather segment. The production costs per minute are $300 for local news, $200 for national news, $120 for weather, and $100 for sports.

  1. Formulate a linear programming model to help Mr. Matt Simon with his managerial problem at Channel 25.

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: 3

blur-text-image

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

Calculus Early Transcendentals

Authors: James Stewart

7th edition

538497904, 978-0538497909

More Books

Students also viewed these Mathematics questions