26. The Soft-Ad Company is planning for the next month an advertising campaign for one of its...

Question:

26. The Soft-Ad Company is planning for the next month an advertising campaign for one of its clients, Amco. Soft-Ad is considering advertising during sports programmes and during soap operas on TV. Amco has specified the following goals:

image text in transcribed

Further, the company has budgeted Rs 12 lakhs for these advertisements, which should not be exceeded. It has also estimated that each lakh of viewers by which it falls shorts of goal 1 costs it Rs 2 lakhs on account of lost sales. Similarly, this penalty for goals 2 and 3 is Rs 1 and 0.8 lakh respectively. How should Soft-Ad plan for Amco? Formulate and solve this as a goal linear programming problem.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question
Question Posted: