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Mathematics, 25.06.2021 03:30 Affousietta
Two advertising media are being considered for the promotion of a product. Radio ads cost $480 each, while newspaper ads cost $550 each. The total budget is $20,000 per week. The total number of ads should be at least 30, with a max of 5 newspaper ads. Each newspaper ad reaches 8,000 people, while each radio ad reaches 5,000 people.
Let R = # of radio ads
Let P = # of newspaper ads
Max 5000 R + 8000P
s. t.
480R + 550P <= 20000 cost of ads
R + P >= 30 total # of ads
P <= 5 max number of newspaper ads
R, P >= 0
Round your answers to the highest whole numbers
The company wishes to reach as many people as possible while meeting all the constraints stated, what is maximum reach?
How many ads of each type should be placed?
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