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To answer this question, please SOLVE the advertising slot selection problem as outlined in the PDF document associated with this test. (you will have to
To answer this question, please SOLVE the advertising slot selection problem as outlined in the PDF document associated with this test. (you will have to use Excel for this). Make sure you select and retain all sensitivity reports after solving. Which of the following statements is true about the solution to the ad slot selection problem? If up to 11 daytime ads are allowed on sunday alone, the optimal solution value increases by 9000. If up to 11 daytime ads are allowed on saturday, the optimal solution value increases by 3000 . If up to 11 daytime ads are allowed on both saturday and sunday, the optimal solution value increases by 7000. If up to 11 daytime ads are allowed on sunday, the optimal solution value increases by 5000. Management Science Test 1. MEDIA SELECTION PROBLEM: The TTK Company has recently developed a new karaoke machine, and has $150,000 to spend on advertising. The product is to be initially test marketed in the Philadelphia area. The money is to be spent on a TV advertising blitz during one weekend (consisting of Saturday and Sunday) in April. There are three options available on both Saturday and Sunday: morning advertising, afternoon advertising and evening news advertising. A mixture of oneminute TV spots is desired. The goal of the campaign is to maximize the total audience reached, while staying within budget. TTK wants to take out at least one ad of each type (morning, afternoon, and evening). There are ten daytime (= morning and afternoon) spots available on both Saturday and Sunday. There are four evening spots available on Saturday. Further, there are only three Sunday evening ad spots available. TTK wants to have at least 3 ads per day, but spend no more than $70,000 on Saturday and no more than $100,000 on Sunday
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