The Problem In this project your group will solve the following situation: A local business plans...
Express the situation as a system of two equations in two variables. Be sure to state clearly the meaning of your x- and y-variables. Solve the system by row-reducing the corresponding augmented matrix. State your final answer in terms of the original question. For the final days before the election, the campaign manager has a total of $48,000 to spend on TV and radio campaign advertisements. Each TV ad costs $3000 and is seen by 10,000 voters, while each radio...
1-Formulate the situation as a system of two linear equations in two variables. Be sure to state clearly the meaning of your x- and y-variables. Solve the system by the elimination method. Be sure to state your final answer in terms of the original question. A lawyer has found 60 investors for a limited partnership to purchase an inner-city apartment building, with each contributing either $3,000 or $6,000. If the partnership raised $267,000, then how many investors contributed $3,000 and...
8. -1 0. An advertising agency has developed Internet and television ads for a particular usiness. Each Internet ad costs $200 per run and each television ad costs $500 per run. The business does not want the su m of Internet and television ads to be run to exceed 51 times. The agency estimates that each viewing of the Internet ad will reach 1000 people and each airing of the television ad will reach 1500 people. If the total amount...
2) Eddie Kelly is running for reelection as mayor of a small town in Alabama. Jessica Martinez, Kelly's campaign manager during this election, is planning the marketing campaign, and there is some stiff competition. Martinez has selected four ways to advertise: television ads, radio ads, billboards, and newspaper ads. The costs of these, the audience reached by each type of ad, and the maximum number available are shown in the following table: Type of AD Maximum number Cost per AD...
A department store chain has up to $26,000 to spend on television advertising for an upcoming sale. All of the advertisements will be placed with one television station, where a 30 second ad costs $1,000 on daytime TV and is viwed by 11,000 potential customers, $2,000 on prime-time TV and is viewed by 24.000 potential customers, and $1,500 on late-night TV and is viewed by 18.000 potential customers. The television station will not accept more than 20 ads during all...
Please Answer for Question 2 with complete work and answers hand written 2) Eddie Kelly is running for reelection as mayor of a small town in Alabama. Jessica Martinez, Kelly's campaign manager during this election, is planning the marketing campaign, and there is some stiff competition. Martinez has selected four ways to advertise: television ads, radio ads, billboards, and newspaper ads. The costs of these, the audience reached by each type of ad, and the maximum number available are shown...
Please answer question 2 with complete answers and explanations. Hand written only 2) Eddie Kelly is running for reelection as mayor of a small town in Alabama. Jessica Martinez, Kelly's campaign manager during this election, is planning the marketing campaign, and there is some stiff competition. Martinez has selected four ways to advertise: television ads, radio ads, billboards, and newspaper ads. The costs of these, the audience reached by each type of ad, and the maximum number available are shown...
You are the marketing director for a company that manufactures bodybuilding supplements and you are planning to run ads in Sports Illustrated and GQ Magazine. Based on readership data, you estimate that each one-page ad in Sports Illustrated will be read by 610,000people in your target group, while each one-page ad in GQ will be read by 180,000. You would like your ads to be read by at least 3 million people in the target group and, to ensure the...
Given the following linear optimization problem Maximize 10x + 20y Subject to x+y ≤ 50 2x + 3y ≤ 120 X ≥ 10 X,y≥0 (a) Graph the constraints and determine the feasible region. (b) Find the coordinates of each corner point of the feasible region (c) Determine the optimal solution and optimal objective function value.
Problem Statement 3 Every spring semester, the School of Business coordinates a luncheon with local business leaders for graduating seniors, their families, and friends. Corporate sponsorship pays for the lunches of each of the seniors, but students have to purchase tickets to cover the cost of lunches served to guests they bring with them. The following histogram represents the attendance at the senior luncheon, where X is the number of guests each graduating senior invited to the luncheon and f...