Question
The manager of a department store in Seattle is attempting to decide on the types and amounts pf advertising the store should use. He has
The manager of a department store in Seattle is attempting to decide on the types and amounts pf advertising the store should use. He has invited representatives from the local radio station, TV station, and newspaper station to make presentations in which they describe their audiences. The TV station representatives indicated that a TV commercial, which costs $15,000, would reach 25,000 potential customers. The breakdown of the audience is as follows:
Male Female
Senior 5,000 5,000
Young 5,000 1,000
The newspaper representatives claims to be able to provide the audience pf 10,000 potential customers at a cost of $4,000 per ad. The breakdown of the audience is as follows:
Male Female
Senior 4,000 3,000
Young 2,000 1,000
The radio station representatives says that the audience for one of the stations commercials, which costs $6000, is 15000 customers. The breakdown of the audience is as follows:
Male Female
Senior 1,500 1,500
Young 4,500 7,500
The store has the following advertising policy:
- use at least twice as many radio commercials as newspaper ads
- Reach at least 100,000 customers
- Reach at least twice as many young people as senior citizens
- Make sure that at least 30% of the audience is female.
Available space limits the number of newspaper ads to seven. The store wants to know the optimal number of each type of advertising to purchase to minimize total cost.
a. formulate a linear programming model for this problem.
b. solve the model by using computer
c. suppose a second radio station approaches the department store and indicates that its commercials, which cost $7,500 reach 18,000 customers with the following demographic breakdown:
Male Female
Senior 2,400 3,600
Young 4,000 8,000
If the store considered this station along with the other media alternatives, how would this affect the solution?
Formulate linear program:
xi- number of ads of type i the store uses; i(1-Tv, 2-Newspaper, 3-Radio)
Min 15000x1 + 10000x2 -x3 -x4
s.t.
x3/x4>= 2/1 ( can you tell how this would go into QM)
25000x1 +100000x2 -x3-x4
Finish problem please and explain
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